Motel 6


Price:
$6,500,000

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


  •  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
Financials
2015
2016
2017
T-12Mos 7/18
Occupancy
74.01%
79.64%
73.16%
72.46%
Average Daily Rate
$58.83
$66.06
$69.57
$74.49
Room Revenue
$2,002,503
$2,426,304
$2,340,738
$2,482,537
Net Operating Income
$884,257
$1,274,942
$1,195,902
$1,331,605
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!