Thesis Miami Hotel in Coral Gables For Sale
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Financial Details
- Location:
- Coral Gables, FL, US
- Source:
- Date:
- May 16, 2025
Key Highlights
- 245-key hotel in Coral Gables, Florida, near the University of Miami.
- Features three restaurants, a bar/lounge, 204 multi-family units, and 35,000 sq ft of retail space.
- High occupancy with a waiting list for multi-family units and a cap rate exceeding 6.4%.
Description
This listing is for the Thesis Miami Hotel, a 245-key hotel located in Coral Gables, Florida, near the University of Miami. The property includes three restaurants, a bar/lounge, 204 multi-family units (extended stay), and 35,000 square feet of retail space that is 100% leased. The ADR is $240, and the cap rate exceeds 6.4% (blended). The hotel can be delivered with or without its current flag. There is a waiting list for the multi-family units from University of Miami students and doctors.
Industry Information
- Industry Description:
- Hotels
- Classification:
- Travel
Listing Details
- Listing ID:
- 7f9fa513-0718-482f-a8f8-cc31b7850d91
- Deal Status:
- For Sale
- Date Posted:
- May 15, 2025
- Last Updated:
- May 26, 2025
- Currency:
- USD
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