Nyc Value Add Hotel 93 Rooms For Sale

Description

Empire Business Management has been retained to facilitate the sale of a popular Flagged hotel. The location of this beautiful property is nestled in a high-traffic location with new amenities and recently updated rooms. Right off the highway with excellent visibility. This hotel is a value add deal with the adjacent property next to it available for sale as well. Sales are steady at 2.2m and occupancy is rising. Rooms were renovated in the la... sign in to read more

Financials
Net Margin 34.09%
Revenue $2,200,000.00 59% than Real Estate avg.
EBIDTA Not provided
Cash Flow $750,000.00 53% than Real Estate avg.
Asking Price $10,800,000.00 18% than Real Estate avg.
More Company Info
Location New York City, New York, US
Date Added Dec. 02, 2021
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