Hotel-Motel
TownePlace Suites Fort Lauderdale-Weston
1545 Three Village Rd, Weston, FL 33326
Listing Price: Request For Offer
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 93-room TownePlace Suites located in Weston, Florida, an affluent suburb of Fort Lauderdale in western Broward County. The hotel is a three-story property built in 2001 and located just off Interstate 75. Ownership is finishing an extensive renovation that has interrupted business from 2022 to today. TownePlace Suites Fort Lauderdale-Weston provides the opportunity for a new owner to acquire a premium extended stay Marriott hotel in one of the largest MSA's in the US with diverse business drivers and the potential to realize significant RevPAR growth through hands-on management, capitalizing on the recent renovation and utilization of the Marriott name, reservation system, and loyal base of guests.
TownePlace Suites Fort Lauderdale-Weston
Investment Highlights
- High Barriers to Entry Market with Operational Upside
- Highly Desirable Location Within the Miami-Fort Lauderdale-West Palm Beach MSA
- Weston, Florida is a Top-3 "Safest City to Live in Florida" (2024)
- Competitive Set RevPAR Increased Year-Over-Year
- Proximate to Amerant Bank Arena, Sawgrass Mills Mall, Cleveland Clinic Weston Hospital, Nova Southeastern University, Seminole Hard Rock Casino, and More
Exclusively Listed By
Financing By
Listing Price: Request For Offer
Investment Highlights
- High Barriers to Entry Market with Operational Upside
- Highly Desirable Location Within the Miami-Fort Lauderdale-West Palm Beach MSA
- Weston, Florida is a Top-3 "Safest City to Live in Florida" (2024)
- Competitive Set RevPAR Increased Year-Over-Year
- Proximate to Amerant Bank Arena, Sawgrass Mills Mall, Cleveland Clinic Weston Hospital, Nova Southeastern University, Seminole Hard Rock Casino, and More
Investment Overview
Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 93-room TownePlace Suites located in Weston, Florida, an affluent suburb of Fort Lauderdale in western Broward County. The hotel is a three-story property built in 2001 and located just off Interstate 75. Ownership is finishing an extensive renovation that has interrupted business from 2022 to today. TownePlace Suites Fort Lauderdale-Weston provides the opportunity for a new owner to acquire a premium extended stay Marriott hotel in one of the largest MSA's in the US with diverse business drivers and the potential to realize significant RevPAR growth through hands-on management, capitalizing on the recent renovation and utilization of the Marriott name, reservation system, and loyal base of guests.
Exclusively Listed By
Financing By
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