Overview

 

  • NON-UNION HOTEL
  • NO LAND LEASE
  • THIS IS NEW TO THE MARKET IN NEW YORK AND OFF-MARKET PROPERTY
  • THIS IS NOT CAP RATE or NOI SALE
  • THIS IS THE OPPORTUNITY SALE
  • THE SELLER HAS NO DEBT
  • THIS ASSET WILL BE DELIVERED CLEAR AND FREE
  • THE CURRENT MANAGEMENT WILL LEAVE AT CLOSE OF ESCROW
  • NO BUY-OUT FEE
  • THE FRANCHISE AGREEMENT WITH MARRIOTT WILL CONVEY AND STAY IN PLACE
  • BUYER PAYS 3% FEE
  • WE ARE DIRECT TO THE SELLER FOR COMMUNICATION.  (AUG/08/19)

Details

Features
  • Mixed Corridor
  • Breakfast Room
  • Restaurant
  • Lounge/Bar
  • Business Center
  • Indoor Pool
  • Indoor Hot Tub
  • Outdoor Pool
  • Outdoor Hot Tub
  • Fitness Center
  • Elevator
  • Guest Laundry
  • Meeting Space

Financial

Posted By
Broker / Agent
Affiliation
Franchise
# of Units
192