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A SUPER HIGH PERFORMING HILTON HOTEL JUST OUTSIDE MANHATTAN IN JAMAI...


A SUPER HIGH PERFORMING HILTON HOTEL JUST OUTSIDE MANHATTAN IN JAMAI...

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Catalog #81046

Catagory: Real Estate / Property
Dragon's Price: CONTACT US
Date Added: February 27, 2017 08:30
Page Views: 1

A SUPER HIGH PERFORMING HILTON HOTEL JUST OUTSIDE MANHATTAN IN JAMAI...



HILTON HOTEL at JFK Airport WITH 356 KEYS, .....OFF THE MARKET



THIS 356 KEY CLASS A HILTON HOTEL IS LOCATED AT 144-01 135TH AVENUE, JAMAICA, NEW YORK

THIS HOTEL HAS AN ASSUMABLE MORTGAGE. BUYER TO PUT DOWN $32MM AND ASSUME $68MM

PLEASE NOTICE THAT THE SELLER HAS PROVIDED A VERY PRIVATE AND PROPRIETARY PROFIT & LOSS STATEMENT IN THE ATTACHEMNTS

THE ASSUMABLE MORTGAGE BALANCE IS AT 5% INTEREST

THIS IS A VERY LARGE HOTEL WITH EXTREMELY LARGE CONFERENCE ROOMS



THE NET OPERATING INCOME IS $6,928,502

OCCUPANCY RATE IS 91.1%

AVERAGE DAILY RATE (ADR) IS $168.96

REVPAR IS $153.92

CAP RATE IS NEAR 7%,

THE SELLER HAS GONE OUT OF THEIR WAY TO PROVIDE THE PROFIT AND LOSS STATEMENT



ONLY SERIOUS, READY , WILLING & ABLE (RWA) willing to send buyers mandate, LOI and BCL need reply or ask price .





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ADDITIONAL INFORMATION

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