Hotels for Sale
Resorts for Sale
Motels for Sale

With Times Commercial Realty

295 Route 46 W Suite 206
Fairfield, NJ 07004

Sanjay Gupta
Hotel Motel Specialist

Phone 973-244-5997
Fax 973-244-5998
Cell 862-703-1543

     

2 Hotels for Sale Package
Upstate New York
SOLD

Units: 265
Gross Revenues: $2,500,000 +
Asking Price: $7,600,000

Amenities:

  • Two franchise, interior corridors, hotels totalling 265 rooms adjacent to each other
  • Total room revenues $2,500,000 plus the leased restaurant in one of the hotels yielding $50,000 per year. The lease is long term with option to renew with increments of rents
  • There is also a separate parcel of land which houses restaurant with triple net lease and yielding $ 39,000 rent per year
  • All three turnkey parcel could be purchased for $7,000,000
  • Owner financing to qualified buyers with $1,000,000 down may be available

 

Send this page to a friend or associate