Waterfront Franchise Hotel for sale in New Jersey

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Hotel Overview

Corridors: Interior
Number of Rooms: 40
Number of Stories: 3
Price: $ 2,900,000
Reasons for Selling: Looking for bigger investments for the portfolio

Amenities

  • 24-Hour Reception Desk
  • Business Center
  • Certified Eco-friendly
  • Children’s Pool
  • Daily Housekeeping
  • Flat Screen Televisions
  • Free Breakfast
  • Free Parking
  • Free WiFi
  • Multilingual Staff
  • Pet Friendly
  • Pool – Outdoor
  • Rollaway Beds Available

Financials


201520162017
Gross Revenue$766,071.11$712,536.77$648,089.33
ADR83.0099.13103.74(Jan-Oct)
Occupancy58.849.148.0(Jan-Oct)
Revpar48.7948.6649.78(Jan-Oct)
Net Income$376,485.71$328,948.97$301,466.75