Sole Miami

PROPERTY CHARACTERISTICS

• 147 one-and two-bedroom condominium units that can be sold as 249 hotel rooms, each offering exceptional beachfront views and full kitchens in the majority of units
• Situated on an acre of prime oceanfront land in Sunny Isles Beach
• The Resort continues to benefit from an extensive guestroom and public space renovation completed in 2019 that brought an elevated beach aesthetic and modern-day comforts

ACQUISITION

• June 2021

INVESTMENT OPPORTUNITY

• A four-star independent Resort in a world-class market with future branding flexibility
• High barriers to entry
• Financial upside through top-line growth, a market recovery and operating expense reductions