Radisson Red
3401 NW 25th Street,
Miami, FL 33142
 
$50,000,000
Offering Price
$2,812,400
NOI
5.62%
Cap Rate
9.62
RRM
157
Total Rooms
$318,471
Price Per Key
Previous
Next
$50,000,000
Offering Price
$2,812,400
NOI
5.62%
Cap Rate
9.62
RRM
157
Total Rooms
$318,471
Price Per Key
Executive Summary
Radisson RED MIA” is an upscale select-service hotel inspired by art, fashion, and architecture. This hotel is located just two-mile away from Miami International Airport (MIA), 10 minutes away from Marlins Park and Downtown Miami. Also, the hotel is centrally located from South Beach and Art Deco district, one of the most glamorous in the world for its nightclubs, beaches, historical buildings, and shopping. The hotel receives guests that attend annual events such as the Miami Open, Art Basel, the Winter Music Conference, the South Beach Wine and Food Festival, and Mercedes-Benz Fashion Week Miami attract millions to the metropolis every year. The hotel has 157-rooms with an outdoor pool, fitness center, meeting facilities, airport shuttle, restaurant, and bar. OUIBAR + KTCHN offers Cuban and American cuisine, among other international flavors.
Investment Summary
The Asset: The Holiday Inn benefits from its from its location near Miami International Airport Management and Debt The hotel is offered unencumbered of any management and debt Franchise License with IHG With eight individual brands and more than 1,500 hotels internationally, Radisson Hotel Group Americas is one of the largest, most dynamic hotel groups in the world. The portfolio includes Radisson Collection, Radisson Individuals, Radisson Blu, Radisson, Radisson RED, Park Plaza, Park Inn by Radisson, and Country Inn & Suites by Radisson. Each of the distinctive hotel brands embodies our modern vision of hospitality in its own way. Property Improvement Plan (PIP) the hotel will be delivered free and clear of any PIP requirements by the franchise.
Exellent Location
FOR MORE DETAILS CONTACT
Julian Mazili
President
(813) 299-7045
jmazili@mazilihotelgroup.com
Michael Cherry
Managing Director
(562) 842-6553
mcherry@mazilihotelgroup.com
Copyright ©
CREOP
, LLC. All Rights Reserved.