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1073 US Highway 206
Bordentown, NJ 08505
HomeTowne Studios Bordentown – McGuire AFB · Hospitality Property For Sale · 38,296 SF

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 13.25 AC
Building Size 38,296 SF
No. Stories 2
Year Built/Renovated 1967/2019
Parking Ratio 3.97/1,000 SF
Corridor Exterior
Zoning CC - Commercial

AMENITIES

  • Fitness Center
  • Pool
  • Patio
  • Meeting Event Space
  • Public Access Wifi
  • Smoke-Free
  • Fully-Equipped Kitchen

ABOUT 1073 US HIGHWAY 206 , BORDENTOWN, NJ 08505

Ikigai Realty is pleased to present this exclusive VALUE investing opportunity in Bordentown, New Jersey. This hotel is currently mismanaged by ownership and the metrics reflect this. With some effort, the new owner can easily turn this property around for high revenue and resale value. This opportunity is perfect for an experienced hotel owner. Key Features: - Largest hotel in Bordentown - Outdoor swimming pool - Located in downtown of Bordentown and surrounded by 10+ community colleges and national universities. Perfect demographic! The crowd drawn by these colleges for education and graduation can be easily capitalized through marketing - Unused restaurant and bar on the first floor with an active liquor license - No shuttle service to and from Trenton Robbinsville Airport - Parking lot can be extended to provide large event space NOI : approximately $850,000 This independently owned hotel is only a 15 minute drive to Downtown Trenton, NJ. Friendly's is located next door and serves breakfast, lunch and dinner. Surrounding businesses and institutions include Dunkin Donuts, Rugters State University, Rowan College, Buck County Community College, the Riverton Country Club, The Shoppes at Cinnaminson, and the Susquehanna Bank Center.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-00129-0000-00017-01
Land Assessment
$1,600,000
Improvements Assessment
$1,973,700
Total Assessment
$3,573,700
  • Listing ID: 7992982

  • Date on Market: 7/6/2017

  • Last Updated:

  • Address: 1073 US Highway 206, Bordentown, NJ 08505

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