Hotels for Sale

HAMPTON INN & SUITES MAHWAH, NJ

Address:
Mahwah, New Jersey
Description:

UNDER CONTRACT

  • Leasehold interest in the institutionally owned and third party managed 111-room Hampton Inn & Suites, ideally situated within the high barrier to entry Bergen County
  • Unique opportunity to pursue core-branded select-service asset within the New York City Metropolitan area at a substantial discount to replacement cost
  • The asset will be sold in the October 3rd auction via Ten-X
  • Available unencumbered of debt and third-party management with the ability to retain the Hampton Inn & Suites brand for a new long term license
  • Significant operational upside and top-line growth relative to current comp set performance following completion of Hilton PIP
  • Readily accessible to New Jersey Route 17 and Interstate 287 where a total of approximately 150,000 vehicles pass daily
  • Ideally located and easily accessible to all core Bergen County demand generators including Jaguar- Land Rover, Becton Dickinson, Stryker, KPMG, BMW, and Ascenca Retail Group

Listing Agents

Omari Head
T: 773.315.5704
Email

Brent Clemens
T | 312.239.0572
Email Agent

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