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
1 day 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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