11102 Biscayne Blvd Miami, FL 33181‍ASKING $5,300,000‍*CASH & HARD MONEY BUYERS ONLY*

Type: HOTEL
Bed: 23 Beds
Living Area: 9979 Sq. Ft
Year Built: 1951
AC: WINDOW UNITS
Construction Type: CBS
Status: Off Market‍----------------‍


THIS HOTEL WITH 23 KEYS IS LOCATED AT 11102 NE BISCAYNE BOULEVARD (U.S 1), MIAMI, FLORIDA 33181.

PER THE SELLER AND WITHOUT P&Ls IN MY HANDS, THE NET OPERATING INCOME  IS IN EXCESS OF $400,000 ANNUALLY. THE BUYER WILL GET EVERY SINGLE OUNCE OF FINANCIALS AND DUE DILIGENCE INFORMATION AND DOCUMENTATION  DUE TO THE BUYER.

---------------


TO MOVE FORWARD, THE BUYER AND OR THE SELLER TO SIGN THE ASSET SPECIFIC MASTER FEE AGREEMENT (DEPENDING ON THE EXECUTED PURCHASE PRICE), THE BUYER TO PROVIDE AN ASSET SPECIFIC LETTER OF INTENT TO INCLUDE THE PURCHASE PRICE, DUE DILIGENCE PERIOD, CLOSE OF ESCROW OF DATE AND THE AMOUNT OF THE EARNEST MONEY DEPOSIT THAT WILL BE ESCROWED ONCE THE BUYER AND THE SELLER EXECUTE THE PURCHASE AND SALE AGREEMENT. THE BUYER TO PROVIDE A BUYER'S COMMERCIAL BIO OF COMMERCIAL ASSET HELD IN THEIR INVESTMENT PORTFOLIO.  THE BUYER TO PROVIDE A BUYER'S VERIFIABLE PROOF OF FUNDS IN THE FORM OF A BANK OR FUND STATEMENT OF ACCOUNT.