310 Wild Ave - Hospitality FOR SALE
Staten Island, NY 10314 |
310 Wild Ave
Staten Island, NY 10314
HIGHLIGHTS
- The Compset has shown strong recovery and is currently achieving a $153.69 ADR and 59.7% OCC
- The subject property Pre Covid was doing $106.24 ADR at 58% OCC, there is a spread of $27.45 to increase ADR to Market. That is a 24% growth potentia
- Currently the SureStay by Best Western Flag has discounted franchise fees with in all in cost of only 5%. Previously the hotel was paying $236,000 in
- OCC and ADR Index have shown peak performance for the entire Compset with a rise taking place from April 2021
- Very low property taxes at $40,000
- Free and clear of management encumbrances
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Comfort Inn Staten Island, NY
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
30910
STORIES
5
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2010
PARKING SPACES
34
LAND DETAILS
LAND ACRES
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LAND SF
-
ZONING
M1-1
APN/PARCEL ID
02647-0021
