Miami Hotel For Sale

Investment Opportunity: Full-Service Franchise Hotel in Miami’s Strategic Hub

An exclusive opportunity has been presented to acquire a recently renovated, full-service hotel strategically located in one of Miami’s most dynamic business and leisure districts. This 3-star property operates under a prestigious global franchise and offers a robust balance of corporate and international tourism appeal.+2

Key Financial Highlights

• Asking Price: USD $33,000,000 + fees.
• Estimated Gross Yield: 12.73% on asking price.+1
• Projected Net Operating Profit: USD $4,200,000 (after fees and PIP amortization).
• Revenue Growth: Sustained increase in ADR from $115 in 2021 to a projected $155 in 2024.
• Occupancy Trends: Consistent growth reaching an estimated 78% for 2024.

Property Specifications

• Total Inventory: 263 guest rooms, featuring standard, deluxe, and executive suite configurations.+1
• Built Area: Approximately 140,000 sqft.
• Event Space: Over 10,000 sqft of versatile meeting and banquet facilities.+1
• Amenities: Full-service restaurant, bar/lounge, outdoor swimming pool, fully equipped fitness center, and dedicated wellness areas.

Strategic Location

The property is ideally situated just minutes from Miami International Airport. It provides immediate access to major highways, convention centers, and the city’s primary financial districts, ensuring high visibility and consistent demand.

Reference Code: RHC25193