Simon Lou / Hotel Real Estate Group
Listed by Simon Lou / Hotel Real Estate Group
$60,000,000
Off Market Hotels near LaGuardia Airport (Queens) NY
Details
Property Type Hospitality
Sub Type Hotel
Keys 150
Beds 150
Cap Rate 6.67%
NOI $4,000,000
Occupancy 80%
Brand/Tenant Marriott Hotels
Pro-Forma Cap Rate 8.33%
Pro-Forma NOI $5,000,000
Year Built 2010
Year Renovated 2010
Buildings 1
Stories 6
Lot Size (SqFt) 60,000
Zoning C4-2 i
Parking Spaces 150 spaces
Investment Type Owner/User
Occupancy Date 12/01/2021
Ground Lease No
Ownership N/A
Hospitality | 150 Keys | $400,000/key
Marketing description
LaGuardia Airport Queens NY Location
A 250 rooms, Non Unionized Hotel
Asking $3 millions for NNN lease
Asking $60 millions for Sale
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
LaGuardia Airport Queens NY Location
A 250 rooms, Non Unionized Hotel
Asking $3 millions for NNN lease
Asking $60 millions for Sale
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]
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
$4,000,000.00
$333,333.33/mo
Valuation Metrics
0
DSCR
6.67%
Cap Rate
6.67%
ROI
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