350 NW 6TH ST

For Sale

350 NW 6TH ST

350 NW 6TH ST Stabilized Motel

City:Pompano Beach

Land area:8,049 SF

Property Status: For Sale

Danilo Aquino danilo@apexcapitalrealty.com

Price $895,000

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Property Summary

Year Built: 1956

Rooms/Bathrooms: 16/6

Zoning: TO-DPOD-TRANSIT ORIENTED

NOI: $120,000

Cap Rate: 13.4%

Description APEX Capital Realty is proud to present an opportunity to sell a fully stabilized 16 Room Motel in Pompano Beach.

Lot & Building Size Breakdown:

Total Land Area: 8,049 SF

Total Building Area: 3,494 SF

Property Highlights

This property is located on a corner lot on NW 6 Street between N Dixie Hwy & I-95.

Excellent access to surrounding submarkets.

This opportunity features a 16 Room Motel with 6 shared bathrooms.

Current NOI is approximately $120k annually.

Property was re-roofed 2-3 years ago.

Tenants pay on average $800-$1,000 monthly rent.

Details Property size: 3,494 SF Property Status: For Sale Property Type: Hotel Land Area: 8,049 SF Year Built: 1956

Address City: Pompano Beach State/country: Florida

Documents Property Brochure download

Listing Agents

Danilo Aquino Commercial Advisor

(786) 201-3020 danilo@apexcapitalrealty.com

Featured properties

350 NW 6TH ST Stabilized Motel Hotel Danilo Aquino 5 months ago $895,000

350 NW 6TH ST Stabilized Motel

City:Pompano Beach

Land area:8,049 SF

Property Status: For Sale

Danilo Aquino danilo@apexcapitalrealty.com

Price$895,000