16 Distressed Hotels For Sale In The US

16 Distressed Hotels For Sale In The US

Need to sign NDA , POF and Bio to recieve mor info and contact to seller
about the hotels for sale.

HOTELS

Four Points Sheraton, NYC

Completely renovated in early 2000s

Old Purchase Price: $134 Million
Purchase Price now: $59.5 Million + 3%

FROM THE SELLER - NOI 2015-2018:
2018: $6,165,473 (EXCLUSIVE OF DECEMBER)
2017: $5,655,310
2016: $5,925,833
2015: $6,425,626

KEYS: 150+

This hotel has a leased restaurant (lease provided in due diligence), a fitness center, business center, bar & lounge

THERE ARE FAR TOO FEW UPSCALE MANHATTAN HOTELS THAT CAN SAY THE CAP RATE IS 5% YEAR AFTER YEAR, AFTER YEAR (prior to Covid 19).




200+ KEYS LUXURY 5 STAR, NYC

MASSIVE $140+MM PRICE BREAK !!!
Old Purchase Price: $550 Million
Purchase Price now: $408 Million + 3%
Cap Rate: 4.8%

Soaring high above the city, with 200+ sumptuously designed rooms and elegantly appointed suites in an unbeatable setting.
Net Profit: $25,000,000
50+ Stories + Air Right




Hotel & Casino, Las Vegas

Old Purchase Price: $560 Million
Purchase price now: $374 Million + 3%

The iconic Property is situated on the world-famous Las Vegas Strip and consists of the following:
30+ acres, 1,300+ guest rooms and suites, 40,000+ sq. ft. casino
Four+ restaurants, a lounge, nightclub space, casino and pool bars, 1000+ seat theater, 200 seat comedy club, 900,000+ sq. ft. of meeting and convention space, 2000+ parking spaces.
Approximately 2 acres of pool area, a spa, fitness center and wedding chapel

BUYER HAS TO QUALIFY WITH THE NEVADA LIQUOR & GAMBLING LICENSE BOARD




HOLIDAY INN, CA

141 KEYS
HOTEL SELLING AT A LOSS !

Original Purchase Price: $45.0 Million
Purchase Price now: $32.8 Million (FIRM) + 3%
Cap Rate: 9%

Building Size: 96,000 SF
No. Stories: 3+, Price Per Room: $232,624 Average Daily Rate: $180.00
Building Class: B

INVESTMENT HIGHLIGHTS
90,000+ SF Hospitality Building
Low density Luxury Brand Hotel with 130+ guest rooms. This is a full service hotel with restaurant, banquet room, conference room, fitness center, swimming pool, laundry room and large parking lot with 160+ spaces.
Large luxury lobby on ground floor.
The Hotel ranks No. 1 in California and No. 8
At previously offered price of $45M Cap Rate is at a 6.53%.
Cap is now close to 9% with the discounted price of $32.8M




9 Hotel/Motel Portfolio, CA & NE

Old Purchase Price: $224 Million
Purchase Price now: $192 Million + 3%

This 9 Hotel/Motel Portfolio includes properties that are owned by a single company that is offering all the properties for sale.



CONTACT ME FOR MORE OFF MARKET OPPORTUNITIES