1009 ROUTE 206BORDENTOWN, NJ 08505
Due to the health concerns created by Coronavirus we are offering personal 1-1 online video walkthough tours where possible.
1009 US Route 206, Bordentown , New Jersey 08505, United States Asking Price: $5,300,000 Units: 57 Building size: 11,000 SF Lot size: 1.2 acres Year Built:1998 Zoning: C - Commercial 2024 Tax Assessment: $2,100,000 Property 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 desk Ample parking Investment Highlights: Room rates from $99 - $149/ night support multiple market segments Value range: $4.3M - $5.3M based on comps and ADR potential Prime commercial frontage ideal for repositioning strong operating fundamentals with flexibility for budget or transitional models.
| 2 weeks ago | Listing updated with changes from the MLS® | |
| 2 weeks ago | Listing first seen on site |
The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.
Did you know? You can invite friends and family to your search. They can join your search, rate and discuss listings with you.