Location: New Jersey, Atlantic City Area Number of Units: 33 Year Constructed: 2009 Corridors: Exterior # ofStories: 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.