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Hotel – West Palm Beach

$8,000,000.00

Description

Upon receipt of interested buyer’s non-binding LOI, the NCND /fee agreement will be drafted for buyer and representatives to fill out and sign.

Star report and financial records will be provided by seller, buyer will need POF readily available for seller and/or seller’s delegate.

Rated one of Florida’s Finest Municipal Beaches

This remodeled West Palm Beach hotel is exterior corridor and has very good income. With 115 keys, 135 parking spaces, $2.5M gross, $1.2M NET, zero PIP, ADR 119, this hotel will continue to make money and is a good investment. VA Hospital 1 mile a

 

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