SOLD
Marcus & Millichap Sells Holiday Inn Express In Florida City For $10M
35200 South Dixie Highway - Holiday Inn Express
Hotel
Sold 357 days ago
Summary
Sale
FLORIDA
Hotel
Marcus & Millichap has sold the Holiday Inn Express located at 35200 South Dixie Highway in Florida City, Florida. The hotel property, situated on 2.90 acres of land, was sold for a total price of $10 million. The transaction took place on May 16, 2023. The Holiday Inn Express consists of 105 rooms and has a price per key of $95,238.
Summary of transaction details
- Property Type: Hotel
- Transaction Amount: $10,000,000
- Address: 35200 South Dixie Highway, Florida City, Florida
- Market: Florida City
- Asset Type: Hotel
- Acres: 2.90
Ahmed Kabani & Suraj Dalal from Marcus & Millichap represented the sellers in this transaction. The buyer, an out-of-state investor from California, closed the deal with an all-cash payment. The property attracted attention from the buyer due to its unique characteristics and the potential for a profitable investment.
Players
All
3
Agents
2
Agencies
1
Details
SOLD
IMAGE: Ahmed Kabani & Suraj Dalal
DATE: 05/16/2023
ADDRESS: 35200 South Dixie Highway - Holiday Inn Express
MARKET: Florida City
ASSET TYPE: Hotel ~ ACRES: 2.90
BROKERS: Ahmed Kabani & Suraj Dalal - Marcus & Millichap
SALE PRICE: $10,000,000
KEYS: 105 ~ PPK: $95,238
NOTE: Marcus & Millichap has sold the Holiday Inn Express in Florida City, Florida, for $10 million. The 105-room property attracted an out-of-state buyer from California who closed the deal with cash.View on map
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Address35200 South Dixie Highway - Holiday Inn Express
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