PROPERTY FOR SALE: NEW JERSEY





Location: New Jersey, Atlantic City Area
Number of Units: 33
Year Constructed: 2009
Corridors:  Exterior
# of Stories: 2
Chain Affiliated ? : Yes
Cost to Transfer Franchise: $1,000
AAA Rated ? : Pending



Asking Price: $ 2,799,000 now $ 2,299,999
Gross Rooms Revenue: $ 500,000 (Projected)
Gross F&B Revenue: N/A
Gross Other Revenue: N/A
Annual Property Taxes: $ 18,705
Annual Insurance Costs: $ 6,700
Seller/Private Financing Available ?: Yes (See Notes Below)
Other Property Included: N/A



Other Information: This property is solidly-built, and has just opened for business, with everything
brand new, inside and out.   This includes 32" LCD HDTVs in the guestrooms, granite vanities,
curved shower rods, a business center and wireless high-speed internet access.   A large managers
quarters, located within is also included, great for an owner-operator.   Seller is eager to sell,
and is willing to offer private financing, 10-15% down, 25-30 year term.

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