Investment Overview
Capri Motel is a 28-room hospitality property located at 901, 905 and 911 N. Federal Highway in Lake Worth Beach, Florida. The property consists of three two-story buildings situated on three parcels totaling approximately 0.63 acres and includes 30 on-site parking spaces.
The property has undergone improvements including renovated guest rooms and a resurfaced outdoor swimming pool. The property benefits from its location along N. Federal Highway near downtown Lake Worth Beach, area beaches and numerous recreational and hospitality destinations.
Investment Highlights
- 28-room hospitality property
- Three buildings situated on three parcels totaling approximately 0.63 acres
- Exterior-corridor configuration
- Full kitchens in 22 of 28 rooms
- Two rooms have potential conversion to 2-bedroom units
- Renovated guest rooms
- Resurfaced outdoor swimming pool
- Dedicated, off-street parking and free street parking
- Prominent location along North Federal Highway