Listings
Meadowlands View Hotel
North Bergen, New Jersey
Bankruptcy Sale
Pending Contract
Acadia Lodging Brokers and Advisors is pleased to solicit offers from qualified investors to acquire the Meadowlands View Hotel.
Investment Highlights
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The Meadowlands View Hotel was constructed in 1972 as a 12-story hotel featuring breathtaking views of the metro area. The hotel has 250 guestrooms, and amenities and facilities of a full-service hotel.
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The hotel is located off northbound Tonnele Avenue in North Bergen and has excellent visibility from Route 3 and Route 495. Accessibility to New York City is excellent.
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The hotel benefits from a strong commercial and residential submarket which includes Jersey City, Hoboken, Secaucus, Weehawken and Union City. The submarket is one of the fastest growing markets in the New York metro area. Year to date RevPAR growth indicates 2023 Is projected to outpace 2019.
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The offering presents the rare investment opportunity to acquire a Hotel in prime New York submarket fully unencumbered by franchise or management. This gives an investor the flexibility to reposition the property or convert it to an alternative commercial use.