Description
1009 US Route 206, Bordentown , New Jersey 08505, United StatesAsking Price: $5,300,000Units: 57Building size: 11,000 SFLot size: 1.2 acresYear Built:1998Zoning: C - Commercial2024 Tax Assessment: $2,100,000Property overview: Positioned along the high-visibility corridor of Route 130 and Route 206, and in close proximity to NJ Turnpike. This two-story 57 room hotel offers strong investor/owner opportunity with value-focused lodging option near BAPS Akshardham NJ.Features: Guest rooms with microwave, fridge, Smart TV.Free Wi-Fi, vending machines, 24 hour front deskAmple parkingInvestment Highlights:Room rates from $99 - $149/ night support multiple market segmentsValue range: $4.3M - $5.3M based on comps and ADR potentialPrime commercial frontage ideal for repositioning strong operating fundamentals with flexibility for budget or transitional models.
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Description
1009 US Route 206, Bordentown , New Jersey 08505, United StatesAsking Price: $5,300,000Units: 57Building size: 11,000 SFLot size: 1.2 acresYear Built:1998Zoning: C - Commercial2024 Tax Assessment: $2,100,000Property overview: Positioned along the high-visibility corridor of Route 130 and Route 206, and in close proximity to NJ Turnpike. This two-story 57 room hotel offers strong investor/owner opportunity with value-focused lodging option near BAPS Akshardham NJ.Features: Guest rooms with microwave, fridge, Smart TV.Free Wi-Fi, vending machines, 24 hour front deskAmple parkingInvestment Highlights:Room rates from $99 - $149/ night support multiple market segmentsValue range: $4.3M - $5.3M based on comps and ADR potentialPrime commercial frontage ideal for repositioning strong operating fundamentals with flexibility for budget or transitional models.
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