Historical Hotel & Motel Sale Listing - Southern Cross Hotel

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Southern Cross Hotel

326 Duval St, Key West, FL 33040

N/A

40 Rooms | Hotel & Motel

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Hotel / Motel - Off Market

Price:
N/A
No. Rooms:
40
Building Size:
15,717 SF
Property Type:
Hotel & Motel
Property Sub-type:
Full Service
Property Use Type:
Investment
Construction Status:
Under
Construction/Proposed
Commission Split:
2.5%
Cap Rate:
10%
Average Daily Rate:
$225
Listing ID
17579468
Last Updated
110 days ago

Description

40 room hotel in downtown Key West,Florida. On world famous Duval St. Walk everywhere Currently the owner is building 18 new suites and a restaurant and pool to add to 22 existing rooms. One of the best hotel markets in the country. Will be completed in 1 month. Includes new pool and restaurant. Built out of concrete. The 10 cap rate was a conservative performa.

326 Duval. downtown Key West Florida

Map of 326 Duval St, Key West, FL 33040 (Monroe County)

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