Sanjay Gupta
Hotel Motel Broker Specialist
Phone 973-244-5997
Fax 973-244-5998

Flag With Times Commercial Realty

Intercontinental Hotel for Sale in central New Jersey
Number of Units: 84 Suites hotels for sale motels for sale
Revenue: Brand new and likely to open in March 2011
Price: $14,500,000

Newly constructed intercontinental hotel in Central Jersey

  1st Year 2nd Year 3rd Year 4th Year 5th Year
Available Rooms 30660 30660 30660 30660 30660
ADR $110.99 $120.99 $125.99 $129.99 $129.99
Occupancy 64% 70% 73% 75% 75%
CAP Rate 8.03 10.3 11.4 12.10 11.9

 
Detailed financial package available to qualified and serious buyers only.
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With Times Commercial Realty Sanjay Gupta
295 Route 46 W Suite 206 Fairfield, NJ 07004
Phone 973-244-5997 Cell 862-703-1543 Fax 973-244-5998
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