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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 | No. Stories | 3 |
| Property Subtype | Hotel | Year Built/Renovated | 1989/2006 |
| Building Class | B | Parking Ratio | 2.28/1,000 SF |
| Lot Size | 2.17 AC | Corridor | Interior |
| Building Size | 37,964 SF | ||
| Zoning | B-2 | ||
| 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
| Parcel Number | 49-42-15-15-0021 | Improvements Assessment | $8,035,770 |
| Land Assessment | $805,400 | Total Assessment | $8,841,170 |
Property Taxes
Listing ID: 3738661
Date on Market: 9/24/2016
Last Updated:
Address: 4800 Powerline Rd, Fort Lauderdale, FL 33309
The Hospitality Property at 4800 Powerline Rd, Fort Lauderdale, FL 33309 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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