Motel 6


Price:
$6,500,000

Call for Offers Issued
CFO DEADLINE: Friday, October 26th at noon

[Currently Under Agreement]

Address :
1201 NW 31st Ave
Pompano Beach, FL 33069


  •  Tours will be held Thursday, October 11th and Friday, October 12th. Please contact Mumford Company to schedule an appointment.
  •  Located with easy access and visibility from the Florida Turnpike
  •  Two-bedroom manager’s apartment on-site
  •  6 miles west of Atlantic Ocean
  •  15-mile drive from the Fort Lauderdale-Hollywood International Airport
  •  Top 25 metro market asset
  •  Excellent franchise conversion options available
    View Map    View Aerial
  •  Greater Fort Lauderdale Convention Center caters to 3+ million annual visitors attending conventions at the center
  •  Fort Lauderdale Executive Airport is the eighth-busiest General Aviation center in the United States
  •  Fort Lauderdale has emerged as one of the fastest growing markets for global trade, with more than 40% of local businesses engaged in or supporting international commerce
  •  Close to Regional Demand Generators:
    •  2.3 Miles to Isle Casino Racing Pompano Park
    •  4 Miles to the Fort Lauderdale Executive Airport.
    •  4.4 Miles to Fort Lauderdale Executive Airport
    •  6.4 Miles to Broward Health Imperial Point Hospital
    •  15.2 Miles to Greater Fort Lauderdale Convention Center
  •  2-Story, Corebuilt Building
  •  Exterior Corridors
  •  EIFS Facade
  •  Flat Roof with Shingled Mansard
  •  Asphalt Parking Lot
  •  Guest Laundry
  •  Wireless Internet
  •  Seasonal Outdoor Pool
  •  2-BR Manager’s Apartment
  •  Built 1982
Thank you for your interest in this Mumford Company Listing. In order to review the financial and operating performance of this property, please complete the required fields below. If you are a real estate broker, please click here and you will be directed to our co-brokerage registration form.




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Financials
2015
2016
2017
T-12Mos 8/18
Occupancy
74.01%
79.64%
73.16%
73.3%
Average Daily Rate
$58.83
$66.06
$69.57
$74.25
Room Revenue
$2,002,503
$2,426,304
$2,340,738
$2,503,224
Net Operating Income
$884,257
$1,274,942
$1,195,902
$1,318,332
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!