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8+ Percent Cap Rate Hotel with Property

Queens, NY (Queens County)

8+ Percent Cap Rate Hotel with Property
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Asking Price: $16,750,000

Cash Flow: $1,450,000

Gross Revenue: $3,150,000



Inventory: N/A

Established: N/A

8+ Percent Cap Rate Hotel with Property

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Business Description

Return on Investment

Cash flowing hotel in prime location close to airport

70+ Rooms

Dining room for Breakfast and Lunch

High Return

22000 sq ft building

Detailed Information

Queens, NY
22000 sq ft building
Growth & Expansion:
So much potential here. Brand can be renewed or changed in the next 6 months. Excellent opportunity to make more money
Support & Training:
Reason for Selling:
owner wants real estate deals doesn't want to deal with managers and employees
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(from currently available funds)
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Empire Business Mgmt

Business Listed By:
Mike Steinberg

Empire Business Management

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