601 From Rd - Hospitality FOR SALE
Paramus, NJ 07652 |
601 From Rd
Paramus, NJ 07652
HIGHLIGHTS
- Highly Desirable NYC Metro Area Location
- Adjacent to the $800M Valley Hospital Development. Proximate to Meadowlands Sports Complex, Host Venue of the 2026 FIFA World Cup.
- Excellent Physical Condition Following Conversion in 2016. Efficient Product Affiliated with the Industry's Leading Reservation and Rewards Program.
- Top-Line Performance Exceeding 2019 Benchmarks. Additional Revenue Stream Leased F&B Operations with Bonefish Grill. Extremely Limited Supply Pressure
- Offered unencumbered of management and debt.
- Fixed ground rent expense of $30K annually through year 2064.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Fairfield Inn & Suites Paramus
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
63312
STORIES
2
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
1972
PARKING SPACES
197
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
HCC
APN/PARCEL ID
46-06207-0000-00001
