FROM RICK TOBIN | BROKER | PREMIER HOTEL REALTY

Greetings! The summer is just around the corner and things are heating up in Lauderdale-by-the-sea. Here is a quick update: We've been on a roll with several properties sold and we have several buyers looking for hotel and multi-family properties. We're planning a workshop on how to increase the value of your hotel property for owners and managers. Stay tuned for more details! If there's other information you'd like my team and I to provide, let me know and we'll do our best to include! Feel free to reach out any time. I look forward to hearing from you! Best Regards,

Rick Tobin | Commercial Real Estate Broker Premier Hotel Realty 954-245-5411 Director, Greater Pompano Beach Chamber of Commerce Director, Lauderdale-by-the-Sea Chamber of Commerce

THE PRO SERIES WITH RICK TOBIN

As a commercial real estate broker that specializes in selling hotel properties 🏨, I often encounter and work with buyers in other countries that want to invest in the U.S. Some of the questions I get asked about most often are regarding visas. 📌 I reached out to Connie Kaplan - Immigration Attorney for answers from an expert in the first of my Pro Series, discussing Investing in Hotel Properties & Immigration Visas. Check out the video below! 📽️

Visit our Facebook LBTS Happenings Group

Would you like Rick to stop by your hotel for an on-site interview? Submit your request below:

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MARKET TRENDS & NEWS

Did you know?

📌 As of August 2017, there were 422,997 hotel and motel rooms in Florida spread over 4,518 properties. 📌 The average room rate of these properties was $138.06 and they were 73.9% occupied throughout the year. 📆 How do your numbers compare as a hotel owner? Are you noticing any local trends?

What kind of information would be of value to you in this monthly e-newsletters? Yes Select No Select Same as last year! Select

FEATURED PROPERTY | THE TROPICAIRE MOTEL

Motel near to everything in Lauderdale-by-the-Sea

U-shaped motel with large owner's apartment upstairs and large pool and decking. Room count to be verified as the property is currently undergoing renovations. Poolside barbeque and nearby tennis, restaurants and the beach make this property a local favorite. Call now to discuss to learn more about this exceptional opportunity. Close to downtown Lauderdale-by-the-Sea, parks, the ocean and the Sea Ranch Publix Shopping Center Quiet location, but near to everything Lauderdale-by-the-Sea has to offer in this quaint, walkable town. PRICE: $2,500,000

SOLD

Ocean Riviere in Lauderdale-by-the-Sea, FL Ocean Riviere, located at 4433 El Mar Drive, was just sold by longtime resident, Arlene Damurjiam, for $3.1M to El Mar Beach Apartments, LLC on April 30, 2019. The 11-unit hotel, located just north of downtown Lauderdale-by-the-Sea is back on the market at $3,999,500. The property has large one bedroom units, each equipped with a kitchen and dining area, newly installed ceramic tile floors, and central air-conditioning. Additionally, all of the units feature either private or semi-private patios or balconies. The beautifully landscaped pool area offers guests access to a gas grill and comfortable outdoor seating next to the pristine in-ground heated pool. Get more information here: http://www.bcpa.net/RecInfo.asp?URL_Folio=494318011130

Find out what your hotel might be able to sell for or how you can increase the value of your property. Contact Rick and the Premier Hotel Realty team below.

Contact Rick

JOIN OUR FACEBOOK GROUPS!

Our Facebook Groups Are Growing Super Duper Fast! Join Us Join our rapidly growing and engaged Facebook community of Lauderdale-By-The-Sea and Pompano Beach locals, shop owners, and out-of-towners looking to come to the area. Contribute Content We invite you to contribute informational content, blog posts, discounts, images, and video about the area and your hotel to our growing Facebook community. Send us your submission below! Submit Content

CLICK HERE TO JOIN: Lauderdale-By-The-Sea Happenings Group Group Rules Pompano Beach Happenings Group Group Rules

Lauderdale-by-the-Sea Happenings Group!

📌 In the last 28 days, this group has grown +86% by 747 new and active members.  📌 We had 17,100 posts, comments, and reactions in the last 28 days!! 😎👏📈🙌

Pompano Beach Happenings Group

📌 In the last 28 days, we've grown by 271 new members. That's +230% growth.  📌 Our members have posted, commented, and shared over 1,400 reactions! 👍📈😀🎉

We Want to Hear From You

What type of information is of most interest to you? Select from below or reply to this e-mail. Sales of other hotels in the area and pricing Select Market trends and industry news Select Information on interested buyers of my hotel Select Other, or reply to this email with your input Select

Rick is a member and director of both the Lauderdale-By-The-Sea and Greater Pompano Beach Chambers of Commerce. Join him at an upcoming event!

Premier Hotel Realty | PremierHotelRealty.com

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