180 State Route 17 S - Hospitality FOR SALE
Mahwah, NJ 07430 |
180 State Route 17 S
Mahwah, NJ 07430
HIGHLIGHTS
- Fee simple interest in the lender-involved, non-union 139-room DoubleTree By Hilton Mahwah offered at a fraction of replacement cost.
- Property Tours Wednesday, 08/23 & Thursday, 08/24. Property is offered for sale in the September 5-7 auction event with Ten-X.
- Available unencumbered of debt and management with the ability to retain the DoubleTree flag via a long-term relicense agreement through Hilton.
- Alternative option to potentially convert to a Hilton Garden Inn.
- Unique opportunity to acquire a core-branded, fee simple asset situated on over five acres.
- Located in the high barrier to entry market of Bergen County - part of the broader New York City metropolitan area.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
DoubleTree by Hilton Hotel Mahwah
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
88890
STORIES
4
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1983
PARKING SPACES
203
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
B40
APN/PARCEL ID
33-00132-0000-00009
