Hotels for Sale

La Quinta Inn & Suites Fairfield, NJ

Address:
Fairfield, New Jersey
Description:
  • Leasehold interest in corporately owned and corporately managed 176-room La Quinta Inn & Suites Fairfield NJ offered at a fraction of replacement cost
  • Property offered for individual sale as part of a larger 17 asset corporate portfolio sale, including properties in Nebraska, Ohio, Indiana, Kansas, New York, Pennsylvania, New Mexico, and New Jersey
  • Available unencumbered of debt and management with the ability to retain the La Quinta brand with a new long-term license agreement with Wyndham
  • Significant operating improvement prospects following completion of the pre-negotiated La Quinta PIP and more hands-on ownership
  • Adjacent to Interstate 80 and along Route 46, a heavily trafficked commercial corridor with approximately 150,000 vehicles passing the location daily
  • Ideally located and easily accessible to all core Essex County demand generators including Willowbrook Mall, St. Joseph’s Regional Medical Center, St. Barnabas Medical Center, BAE Systems, RICOH, Montclair State University, William Patterson University, Seton Hall, and the Meadowlands Sporting Complex.
  • Proximate to all major regional transportation hubs including Newark Liberty National Airport, John F. Kennedy Airport, LaGuardia Airport and The Port Authority of New York / New Jersey
  • Ideally located and easily accessible to all core New York City MSA demand generators and home to more than 20MM residents

Listing Agents

Sean Banilivy
T: 516.456.7525
Email

Mike Schlictman
T | 803.920.4173
Email

Bennett Webster
T: 312.339.3698
Email

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