Palm Avenue Motel
Hospitality | 23 Keys | $134,783/key
Marketing description
Compelling investment opportunity to acquire Palm Ave Motel, featuring 23 rooms in the vibrant city of Hialeah. This exclusive offering allows investors a unique entry into Miami’s thriving tourism industry. Strategically located on Palm Avenue, the motel presents significant income growth potential through guest room renovations and optimized pricing strategies. Located down the street from the Miami-Dade District Court and Hialeah City Hall, within 5 minutes from Miami Springs and 10 minutes from Miami International Airport
Investment highlights
Strategically located on Palm Avenue, the motel presents significant income growth potential through guest room renovations and optimized pricing strategies. Possibility of building multifamily as it’s directly behind the newly built Palm Avenue Lofts with rents at $1,800+ for a 1/1.
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