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Mar 27, 2019chelsea location
21 story/branded/no seller financing
158 rooms! Turnkey Income Property!

New York, NY
Area: West 20's area/chelsea/ave of americas area/7th ave area
Description: prime location 20's west,chelsea hotel
21 story
158 guest rooms
fitness center
exec boardroom
restaurant
built in 2001
opened in 2003
renovated 2012-2013

strong occupancy
turnkey for investor
stable fixed income from food and beverage lease
branded hotel
88% occupancy ending in 2013
net income ending 2013 was $6,281,335

Contact For Further Details
Serious Inquiries Only

We Have Financials From 2013
To Get Recent Financials LOI/POF/Bio Must Be Provided

Looking for Principals

2% Buyers fee
Must complete N.D.A with fee agreement to start the process with BIO:
(price,terms,availability subject to change at anytime, Circumvention strictly prohibited per real estate law, all property recorded as posted.

Offers must be submitted With L.O.I W/P.O.F's
LOI is subject to standard seller due diligence and Inspection

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