Property Listing No Longer Available for Sale

3237 NE 11th Street, Pompano Beach, FL

Motel for Sale - $2,150,000 - 13,000 Sq. Ft. on 33105 acres


Property Info

CIMLS#456320
Location
  3237 NE 11th Street
  Pompano Beach FL 33062
UpdatedJuly 23rd, 2012
TypeMotel
Price$2,150,000
Building13,000 Sq. Ft.
Land33105 acres

Property Description

Croton Arms Resort is a 20 unit hospitality resort which also includes a large 3 Bedroom/2 Bath Owner's home with garage. The property is comprised of four buildings. One building lying on the south side of NE 11 ST (3236) which consists of 5 large one bedroom units and the other three buildings on the north side of NE 11th Street with the remaining 15 units. Renovations have taken place numerous times since the original construction. Construction is CBS throughout. The property is very well maintained and operated by ownership. Second story views and exceptionally large units characterize this hospitality opportunity.

Location Description:

Croton Arms lies just 600 feet from the beaches and the Atlantic Ocean in the Resort Area.

Highlights:

>> East-side Pompano Beach Location

>> 20 Unit Motel Property

>> Class "A" Resort Location

>> 3 Bed/2 Bath Owner's Home with Garage Included

>> Strong History with High Return Rate

>> Extremely Large Unit Sizes and Well Maintained

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Financials