Long Island full-service branded hotel with 360 keys, 18,000 SF of meeting/event space, indoor & outdoor pools, restaurant/lounge, fitness center, and ample parking. Operating at ~64% occupancy with $171 ADR, generating ~$21M revenue and ~$3.3M NOI. Value-add opportunity through renovation and operational improvements. Ownership estimates ~$9M in guest room upgrades, with expected brand participation in renovation costs. Asking: $36M (9% cap) negotiable
📍 Long Island
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