RESIDENCE INN COCONUT CREEK

5730 N STATE ROAD 7

COCONUT CREEK, FL 33073


Availability: Under Contract

Price: Unpriced

Address:
5730 N State Road 7

Coconut Creek, FL 33073

Number of Rooms: 105

Year Built: 2019

INVESTMENT OVERVIEW

Hunter Havericak Hotel Group of Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 105-room Residence Inn located in Coconut Creek, Florida. The hotel is a six-story property built in 2019 and located directly off U.S. 441. Residence Inn Fort Lauderdale Coconut Creek provides the opportunity for a new owner to acquire a premium core Marriott-branded extended stay hotel in one of the most desirable real estate markets in the country. A new owner will also have the opportunity to improve efficiency through rethinking the operational model, growth through hands-on management and continued utilization of the Marriott name, reservation system, and loyal base of guests.

INVESTMENT HIGHLIGHTS

  • The Miami-Fort Lauderdale-West Palm Beach MSA is Defined by its High-Growth Combined with Robust Barriers to Entry, Particularly Land Constraints, Making it One of the Most Desirable Markets in the Country
  • 100% Suites Hotel
  • Historically Stable Revenue
  • Minutes from 200+ Acre Planned Development, "Mainstreet at Coconut Creek"
  • Proximate to Seminole Casino Coconut Creek, World Famous Butterfly World, HCA Florida Northwest Hospital, Lyons Technology Center, Quiet Waters Park and More

EXCLUSIVELY LISTED BY

ROBERT S. HUNTER

Robert.Hunter@MarcusMillichap.com

(954) 245-3473

LEO R. REILLY

Leo.Reilly@MarcusMillichap.com

(954) 245-3487

BROKER OF RECORD

RYAN NEE
FL Broker of Record
954.245.3400 Direct
License: BK3154667