Palm Avenue Motel

Highlights:

• Number Of Buildings: 2
• Documents Available: Aerial Photo(S)
• Cooling: Wall/Window Unit(s)
• Heating: Wall/Window Units
• Construction Materials: CBS Construction
• Security Features: Security Fence

Description:

Compelling investment opportunity to acquire Palm Avenue Motel, featuring 23 rooms in the sought after city of Hialeah. This exclusive offering allows investors a unique entry into Miami’s thriving tourism industry. Located on the vibrant Palm Avenue, the motel presents significant income growth potential through guest room renovations and optimized pricing strategies. Having a C-2- liberal zoning may provide an opportunity to redevelop. The building directly behind developed a 30 unit residential tower with rents around $1,600+ for a 1/1. Within walking distance to the City of Hialeah and public transportation. Close to airport, Miami Beach, Miami Springs, Wynwood and downtown Miami.