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Rooming House / Hotel For Sale
Location: United States -> New York -> New York City Area -> New York City
Industry: Hotels and Holiday Accommodation > Other Hotels and Holiday Accommodation




Business Summary

Welcome to the Riverton Hotel in Harlem, NY. This property is an SRO (Single Room Occupancy) 24 unit residence with a 95% percent occupancy rate. City contracted. Great cash flow with over $500,000 annual net profit. 2 commercial spaces, a furniture store and a grocery store as well.

132nd Street and Lenox in the heart of Harlem.
Building size: 9,054 SF
Lot size: 2,473 SF
Occupancy: Multiple

Asking price $3.5 million

Email or call at 3474701662 for more information on this rooming house / hotel for sale.


Financials

Asking Price Range:  $2.5M - $5.0M
Gross Revenues:   $500,000
Cash Flow:   $500,000
Cash Flow Type:  EBITDA
Seller Financing:  No

About The Business

Year Established:  1995
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale

About The Sale

Reason For Selling:  Other investments.

Photos

View Larger Photo(s) Of Business
Rooming House / Hotel For Sale Photo 1




Print Listing Id: 700152419
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Related Searches: Camping and Parks  >  Guest Houses, Bed and Breakfast  >  Holiday Resorts  >  Hotels  >  Motels  >  Other Hotels and Holiday Accommodation  > 

Also See: Franchise Opportunities > Franchise Resales > New York Businesses For Sale > New York Franchises For Sale > New York Business Brokers



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