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4800 Powerline Rd
Fort Lauderdale, FL 33309
Best Western Fort Lauderdale I 95 Inn · Hospitality Property For Sale · 37,964 SF

Property Facts

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 2.17 AC
Building Size 37,964 SF
No. Stories 3
Year Built/Renovated 1989/2006
Parking Ratio 2.28/1,000 SF
Corridor Interior
Zoning B-2

Amenities

  • Business Center
  • Fitness Center
  • Pool
  • Restaurant

About 4800 POWERLINE RD , FORT LAUDERDALE, FL 33309

The Property has 85 guestrooms complete with king and full beds, headboard, linen, bedspread, dresser and end tables, contemporary furniture, lamp, work desk and chair, table with two chairs, black out curtains, wireless Internet, television with expanded cable, telephone, easy chair, mirror and framed art, clock radio, granite counter-tops in bathrooms, and hairdryers. The Hotel underwent a major renovation in 2006 as part of a re-branding from Red Roof Inn to Best Western. The Property sits on approximately 2.3 acres and has a building size of 38,222 square feet. The renovation was a full and complete property makeover which included the removal of 19 rooms from the inventory to create additional meeting space, breakfast areas and a more modern lobby concept. While this reduction in room count increases the per-key cost of the asset, the increase in ADR and Occupancy which have resulted from the renovation far outweigh the increased per-key cost. Marcus & Millichap is pleased to offer the fee-simple interest in the Best Western Ft. Lauderdale I-95 Inn, a limited service hotel located in Oakland Park (Fort Lauderdale), Florida. The Hotel is easily accessible from Interstate 95 and just minutes from the cruise port; approximately five-miles to the Fort Lauderdale beaches and approximately one-mile from the Fort Lauderdale Executive Airport. The Property is convenient to numerous local area attractions such as the Broward County Convention Center, Port Everglades and Lockhart Stadium. The Fort Lauderdale Hollywood International Airport and Sawgrass Mills Mall are approximately 14 miles from the Hotel. There are also many local area restaurants nearby as well.

Property Taxes

Property Taxes

Parcel Number
49-42-15-15-0021
Land Assessment
$805,400
Improvements Assessment
$8,035,770
Total Assessment
$8,841,170
  • Listing ID: 3738661

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 4800 Powerline Rd, Fort Lauderdale, FL 33309

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