Holiday Inn Miami West Airport
 
7707 NW 103rd St, Hialeah Gardens, FL 33016
$36,500,000
Price
7.96 %
Cap Rate
263
Total Rooms
$2,906,484
NOI
Investment Summary
  • Mazili Hotel Group offers investors the opportunity to acquire a beautifully designed and newly renovated 263-room, 10-story Holiday Inn full-service hotel in an established market conveniently located near Miami Airport.
  • The property boasts numerous amenities on-site that include a Bistro 103 restaurant, an outdoor pool, catering and event services, car rental, gift shop, and a concierge.
  • This hotel is 100% nonsmoking, The property spans 4 acres and includes a flagship 10-story hotel building along with a parking deck.
  • There is potential for development into a higher-brand hotel. Regarding the parking deck, there's an opportunity to utilize the space by constructing a 2 to 3-story storage unit above it
  • Demolishing the parking deck could pave the way for the construction of a high-rise apartment complex, given that the hotel has ample parking spaces available.
Excellent Location
  • The hotel is conveniently located 9 miles (15 minutes) away from Miami International Airport.
  • This beautifully designed Florida hotel is located only 30 minutes from downtown Miami and Fort Lauderdale, including many known attractions.
  • The World-famous Miami South Beach, the Marlins Park home to the Marlins, and Hard Rock Stadium home to the Miami Dolphins, is only a short drive from the hotel.
FOR MORE DETAILS CONTACT
Julian Mazili
President
(813) 299-7045
jmazili@mazilihotelgroup.com
Mykel Barthelemy
Senior Investment Associate
(470) 455-2249
mbarthelemy@mazilihotelgroup.com