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Radisson RED Miami Airport 3401 NW 25th St

157 Room Hotel Miami, FL 33142 For Sale

Investment Highlights

  • Situated nearby Miami International Airport
  • New Build

Executive Summary

Kabani Hotel Group, as an exclusive representative of the seller, is pleased to present for sale the Radisson Red Miami Airport Hotel. The subject property is a 157-room interior corridor hotel, built in 2021, with a lot size of 1.08 acres.
This property features an outdoor pool, fitness center, rooftop bar, a conference room, laundry facilities and outdoor parking spaces. It is strategically positioned near Lejeune Road (83,000 AADT) and right nearby Miami International Airport
Major demand generators include Miami International Airport, Jackson Memorial Hospital, and the soon to be completed Miami Freedom Park.
PROPERTY HIGHLIGHTS
• 157-Rooms - Interior Corridor
• Situated On 1.08 +/- Acres
• Year Built - 2021 - Concrete Building
• Amenities Include: Outdoor Pool, Fitness Center, Rooftop Bar, a Banquet Space,
Conference Room, Full Liquor Bar, Restaurant, Outdoor Seating and Outdoor Parking
Spaces
• Located near Lejeune Road (83,000 AADT)
FINANCIAL HIGHLIGHTS
• 2022 Room Revenue of $5,042,847
• 2023 Room Revenue of $5,272,851
• 2024.04 TTM Room Revenue of $5,472,575
• 2022 ADR / Occupancy / RevPAR of $120.49 / 72.5% / $87.36
• 2023 ADR / Occupancy / RevPAR of $119.08 / 77.3% / $92.05
• 2024.04 TTM ADR / Occupancy / RevPAR of $123.79 / 77.0% / $95.32
LOCATION HIGHLIGHTS
• 1.1 Miles to Miami Freedom Park (2025)
• 2.6 Miles to Miami International Airport
• 2.9 Miles to LoanDepot Park
• 3.0 Miles to Jackson Memorial Hospital
• 5.5 Miles to Downtown Miami
• 9.7 Miles to Miami Beach

Data Room Click Here to Access

Property Facts

Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 1.08 AC
Building Size 92,965 SF
No. Rooms 157
Number of Floors 6
Year Built 2021
Parking Ratio 0.49/1,000 SF
Corridor Interior

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • Restaurant
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wi-Fi
  • Smoke-Free

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 157 £214.62 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
30-3128-029-0010
Land Assessment
£3,120,698
Improvements Assessment
£9,960,412
Total Assessment
£13,081,110

zoning

Zoning Code 6117 (Hotel)
6117 (Hotel)
  • Listing ID: 32734683

  • Date on Market: 08/08/2024

  • Last Updated:

  • Address: 3401 NW 25th St, Miami, FL 33142

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