1000 International Dr | Budd Lake, NJ 07828
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1000 International Dr
Budd Lake, NJ 07828
Holiday Inn Budd Lake Rockaway Area · Hospitality Property For Sale · 170,150 SF
Investment Highlights
- Ideal location along I-80, which carries approximately 50,000 vehicles per day. The property is less than an hour to New York City.
- Occupancy and RevPAR are significantly below comp set – oppportunity to boost room revenue by over $700,000 (21%) based on market rates.
- Centrally located to several prominent wedding venues, including Waterloo Village, David’s Country Inn, and Rutherfurd Hall.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 5 |
| Property Subtype | Hotel | Year Built | 1986 |
| Building Class | B | Parking Ratio | 1.47/1,000 SF |
| Lot Size | 10.09 AC | Corridor | Interior |
| Building Size | 170,150 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 10.09 AC |
| Building Size | 170,150 SF |
| No. Stories | 5 |
| Year Built | 1986 |
| Parking Ratio | 1.47/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- On-Site Bar
- Meeting Event Space
About 1000 International Dr , Budd Lake, NJ 07828
Address: 1000 International Drive Budd Lake, NJ 07828 Units: 141 (all ~350 square feet) Unit Types: 65 King, 65 2-Double, 4 Suites, 7 ADA rooms Buildings / Stories: 1 building / 4 stories Amenities: Elevators (2), fitness center, indoor pool, banquet halls (3), on-site house Corridors: Interior Year Built: 1997 Land Area: 10.09 acres Construction: Steel Frame Heating/Cooling: Central gas system Roof: Flat, rubber Parcel Number(s): #1427_204_1 (Morris County)
PROPERTY TAXES
| Parcel Number | 27-00204-0000-00001 | Improvements Assessment | $2,063,600 |
| Land Assessment | $2,636,400 | Total Assessment | $4,700,000 |
PROPERTY TAXES
Parcel Number
27-00204-0000-00001
Land Assessment
$2,636,400
Improvements Assessment
$2,063,600
Total Assessment
$4,700,000
zoning
| Zoning Code | FT2-4, Mount Olive |
| FT2-4, Mount Olive |
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