Simon Lou / Hotel Real Estate Group
Listed by Simon Lou / Hotel Real Estate Group
$550,000,000
Manhattan Off Market Non Union Hotels - Multiple Location
Details
Property Type Hospitality
Sub Type Hotel
Keys 1,000
Beds 1,000
Cap Rate 4.55%
NOI $25,000,000
Occupancy 80%
Pro-Forma Cap Rate 6.36%
Pro-Forma NOI $35,000,000
Year Built 1930
Year Renovated N/A
Buildings 1
Stories 22
Zoning C6-5, MiD
Parking Spaces 100 spaces
Investment Type Stabilized
Occupancy Date 08/01/2021
Ownership Non Disclosed
Hospitality | 1,000 Keys | $550,000/key
Marketing description
A few off market non union hotels for sale.
Manhattan Prime Prime Location
100,000 sq. ft. to 900,000 sq, ft.
3 stars to 5 stars hotels
Hotel Real Estate Group
Simon Lou
President / CEO
445 Park Av 9th Floor
New York NY 10022
M: +1 917 328 3611
E: [email protected]
Investment highlights
A few off market non union hotels for sale.
Manhattan Prime Prime Location
100,000 sq. ft. to 900,000 sq, ft.
3 stars to 5 stars hotels
Hotel Real Estate Group
Simon Lou
President / CEO
445 Park Av 9th Floor
New York NY 10022
M: +1 917 328 3611
E: hotel107@aol.com
Listing Contacts
Simon Lou / Hotel Real Estate Group
Listed by Simon Lou / Hotel Real Estate Group
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$25,000,000.00
$2,083,333.33/mo
Valuation Metrics
0
DSCR
4.55%
Cap Rate
4.55%
ROI
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