Excellent Investment Opportunity
Blue Moon Hotel
100 Orchard St, NY, NY
Cross Street: Orchard St.
22-Keys Luxury Boutique Hotel Excellent location!
Excellent condition!
Generates solid income!
Building: 14,367 sf
Lot: 2,303 sf
Bldg: 26 x 88
Lot : 26 x 88
Stories: 8
Year Built: 1900
Exp: $267K approx NOI: $3.8MM approx Cap rate: 13% approx
1st Mortgage delivered free & clear
REDUCED!
Asking Price: $29MM (7.3 x NOI approx)
Please contact me when you are ready to make your offer. I will send you the NCND & Fee docs. Once you've done so, I will step aside and you may deal w/seller directly, as well as POF directly.
In order to get any financials this would be the following criteria.
1. LOI (Letter Of Intent) on Buyer's letter head with "WET" signature and
2. NCND signed with "WET" signature.
3. MFA to secure the commission to be paid. (for us)
*Commission is typically 3%
This is enough to get the owner of which ever property you are interested in on the line with your buyer.
Proof of Funds are "STRICTLY" between buyer and seller as I am not qualified to vette your buyer :-).
Full financials will be disclosed to BUYER ONLY. Please contact me with any questions...Thank you for your time.
Price reduced.
Make Offer
Fernando Young
Hartford Investment Group
8.8.8.-317-4517x1
socalhartfordinvgrp@gmail.com
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