Fort Lauderdale Beach Resort Hotel For Sale, Southeast Region

Property Description

Located in an Income Tax Free State!     

Fort Lauderdale Beach Resort Hotel For Sale

Located on a major Fort Lauderdale Beach Blvd.

~375 Units

~320 rate per night

Gross Income: $45 million

Asking Price is 3 times the Gross Income.

Cap Rate: Between 8.00% - 10.00%

Stunning High-Rise Close proximity to restaurants, etc.

Many resort amenities

Also includes a popular steak and seafood restaurant.

Seller Requirements:

To proceed further we need L.O.I with the proof of funds

and the N.C.N.D signed by the buyer.

Need the deposit commitment within five days of the acceptance of the LOI. BR>

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