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Caribbean Villas Motel 1528 S Federal Hwy 17 Pièce Hôtel Lake Worth, FL 33460 3 242 632 $ CAD (190 743 $ CAD/Pièce) 10,21% Taux de capitalisation
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Faits saillants de l'investissement
- 17-Unit Boutique Motel On A 0.39-Acre Site Along Federal Highway
- On-Site Pool, Laundry Room, Office, And Sun Deck Amenity Area
- Convenient Access To Downtown Lake Worth Beach, Lantana, And Coastal Amenities
- 12 Of 17 Units Significantly Renovated With Additional Upside Remaining
- Potential To Reposition Or Further Enhance Operations And Revenue
Résumé de l'annonce
Marcus & Millichap is pleased to present Caribbean Villas Motel, a 17-unit hospitality asset located at 1528 S Federal Highway in Lake Worth Beach, Florida. The property totals 6,187 gross square feet and is situated on a 0.39-acre lot, offering a boutique layout with significant operational flexibility and repositioning potential. The motel features a barrel tile roof, wall-unit air conditioning, an on-site swimming pool, dedicated laundry room, and an on-site office to support day-to-day operations. Additionally, the property includes an elevated sun deck area that could be transformed into a resident lounge, entertainment area, or additional amenity space, enhancing guest experience and increasing competitive positioning. Ownership has completed substantial renovations to 12 of the 17 units, with remodeling efforts nearing completion. Improvements have modernized a significant portion of the property, creating the opportunity for a future owner to continue repositioning efforts, optimize operations, and potentially increase revenue.
Caribbean Villas Motel benefits from a strategic location along South Federal Highway, providing convenient access to both Downtown Lake Worth Beach and Downtown Lantana, two active coastal corridors with growing dining, retail, and entertainment offerings. The property is also minutes from Lake Worth Beach and the Intracoastal Waterway, while nearby employment drivers include JFK Medical Center, Palm Beach County municipal offices, and surrounding service and hospitality industries.
With continued investment throughout coastal Palm Beach County and strong demand for affordable lodging and extended-stay accommodations, Caribbean Villas Motel presents an opportunity to acquire a partially renovated boutique hospitality asset with operational upside in a highly accessible location.
Caribbean Villas Motel benefits from a strategic location along South Federal Highway, providing convenient access to both Downtown Lake Worth Beach and Downtown Lantana, two active coastal corridors with growing dining, retail, and entertainment offerings. The property is also minutes from Lake Worth Beach and the Intracoastal Waterway, while nearby employment drivers include JFK Medical Center, Palm Beach County municipal offices, and surrounding service and hospitality industries.
With continued investment throughout coastal Palm Beach County and strong demand for affordable lodging and extended-stay accommodations, Caribbean Villas Motel presents an opportunity to acquire a partially renovated boutique hospitality asset with operational upside in a highly accessible location.
Salle de données Cliquez ici pour accéder à
- Offering Memorandum
Faits sur la propriété
| Prix | 3 242 632 $ CAD | Taille du lot | 0,39 AC |
| Prix par chambre | 190 743 $ CAD | Taille du bâtiment | 6 187 pi² |
| Type de vente | Investissement | Nombre de pièces | 17 |
| Taux de capitalisation | 10,21% | Nombre d’étages | 2 |
| Condition de vente | Propriété à inoccupation élevée | Année de construction | 1990 |
| Type de propriété | Services hôteliers | Ratio de stationnement | 1,12/1 000 pi² |
| Sous-type de propriété | Hôtel | Corridor | Extérieur |
| Classe d’immeuble | C | ||
| Zonage | MU-FH | ||
| Prix | 3 242 632 $ CAD |
| Prix par chambre | 190 743 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 10,21% |
| Condition de vente | Propriété à inoccupation élevée |
| Type de propriété | Services hôteliers |
| Sous-type de propriété | Hôtel |
| Classe d’immeuble | C |
| Taille du lot | 0,39 AC |
| Taille du bâtiment | 6 187 pi² |
| Nombre de pièces | 17 |
| Nombre d’étages | 2 |
| Année de construction | 1990 |
| Ratio de stationnement | 1,12/1 000 pi² |
| Corridor | Extérieur |
| Zonage | MU-FH |
Commodités
- Piscine
- Accès Internet à haute vitesse
- Patio
- Accès Wi-Fi public
Pièce renseignements sur le mélange
| Description | Nombre de pièces | Taux quotidien | pi² |
|---|---|---|---|
| Guest Room | 17 | 77,54 $ CAD | 364 |
1 1
Assez accessible à pied
50/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun limités
30/100
Plutôt accessible en vélo
40/100
Impôts fonciers
| Numéro de lot | 38-43-44-27-01-085-0031 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 0 $ CAD | Évaluation totale | 1 789 994 $ CAD |
Impôts fonciers
Numéro de lot
38-43-44-27-01-085-0031
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
1 789 994 $ CAD
Contacts
-
Daniel Cunningham -
River Rhoads -
Evan Richardson -
Dillon Majeski -
Cory Sanchez -
Jason Nowik -
Marcus & Millichap
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Caribbean Villas Motel | 1528 S Federal Hwy
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