This Hospitality Property is no longer advertised on LoopNet.com.

601 From Rd
Paramus, NJ 07652
 Fairfield Inn & Suites Paramus · Hospitality Property For Sale · 63,312 SF

Hotels New Jersey Paramus 601 From Rd, Paramus, NJ 07652

INVESTMENT HIGHLIGHTS

  • Highly Desirable NYC Metro Area Location
  • Excellent Physical Condition Following Conversion in 2016. Efficient Product Affiliated with the Industry's Leading Reservation and Rewards Program.
  • Offered unencumbered of management and debt.
  • Adjacent to the $800M Valley Hospital Development. Proximate to Meadowlands Sports Complex, Host Venue of the 2026 FIFA World Cup.
  • Top-Line Performance Exceeding 2019 Benchmarks. Additional Revenue Stream Leased F&B Operations with Bonefish Grill. Extremely Limited Supply Pressure
  • Fixed ground rent expense of $30K annually through year 2064.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 4.06 AC
Building Size 63,312 SF
No. Stories 2
Year Built/Renovated 1972/2016
Parking Ratio 3.11/1,000 SF
Corridor Interior
Zoning HCC

AMENITIES

  • Business Center
  • Fitness Center
  • Restaurant
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Public Access Wifi
  • Smoke-Free
  • Digital key

PROPERTY TAXES

Parcel Number 46-06207-0000-00001 Improvements Assessment $3,176,000
Land Assessment $6,090,000 Total Assessment $9,266,000
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  • Listing ID: 28101601

  • Date on Market: 3/30/2023

  • Last Updated:

  • Address: 601 From Rd, Paramus, NJ 07652

More public record information on 601 From Rd, Paramus, NJ 07652

The Hospitality Property at 601 From Rd, Paramus, NJ 07652 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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