Hotel For Sale
Location New York,United States
Asking Price Range > $35.0M
Gross Revenues $13000000
Net Profit / Cash Flow $3000000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 2003
Number of Employees 50 - 99
Relocatable No
Number of Employees 50 - 99
Real Estate Owned
Description I have the following hotel for sale in Manhattan, NY.
1-location: Manhattan, NY
2-cap rate: 7.5%
3-sale price negotiable and financing is available
4-building size: 75,000
5-full service: yes mid/high market
6-total rooms: 158
7-year built: 2003
8-financial statement: for review after sign submitting letter
of intent (loi) and proof of financing (pof)
9-average daily rate; $250
10-average daily occupancy: 80 to 90%
11-gross income: $13,000,000
12-financing: existing approx. $40,000,000 assignable,with interest under 6% fixed, 10 years remaining.
Click Here To Contact Seller
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