7.5 Percent Cap Rate Hotel

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Asking Price:
$17,500,000

Gross Revenue:
$2,900,000
Cash Flow:
$1,360,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Located in an Excellent Area
Property and Business for Sale

72 rooms - Approx 15,000 SQ FT
82 percent occupancy average
Just Renovated

Proof of Funds for serious buyers

About the Business

Year Established:
2003
Real Estate:
Owned
Facilities:
15,000 SQ FT BUILDING
Market Outlook/
Competition:
High Return on Investment-

82 PERCENT OCCUPANCY AVG THIS YEAR WITH CONSTRUCTION GOING ON IN THE BEG OF LAST YEAR
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Listing Info

ID:
1450946
Ad Detail Views:
247

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$
months
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Business Listed by

Empire Business Mgmt

Empire Business Management

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U.S. Census Data for Queens County, NY
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Queens County, NY
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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