601 From Rd | Paramus, NJ 07652
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601 From Rd
Paramus, NJ 07652
Fairfield Inn & Suites Paramus · Hospitality Property For Sale · 63,312 SF
Investment Highlights
- Highly Desirable NYC Metro Area Location
- Excellent Physical Condition Following Conversion in 2016. Efficient Product Affiliated with the Industry's Leading Reservation and Rewards Program.
- Offered unencumbered of management and debt.
- Adjacent to the $800M Valley Hospital Development. Proximate to Meadowlands Sports Complex, Host Venue of the 2026 FIFA World Cup.
- Top-Line Performance Exceeding 2019 Benchmarks. Additional Revenue Stream Leased F&B Operations with Bonefish Grill. Extremely Limited Supply Pressure
- Fixed ground rent expense of $30K annually through year 2064.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1972/2016 |
| Building Class | B | Parking Ratio | 3.11/1,000 SF |
| Lot Size | 4.06 AC | Corridor | Interior |
| Building Size | 63,312 SF |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 4.06 AC |
| Building Size | 63,312 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1972/2016 |
| Parking Ratio | 3.11/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Restaurant
- Shuttle Service
- High Speed Internet Access
- Patio
- On-Site Bar
- Public Access Wifi
- Smoke-Free
- Digital key
PROPERTY TAXES
| Parcel Number | 46-06207-0000-00001 | Improvements Assessment | $3,176,000 |
| Land Assessment | $6,090,000 | Total Assessment | $9,266,000 |
PROPERTY TAXES
Parcel Number
46-06207-0000-00001
Land Assessment
$6,090,000
Improvements Assessment
$3,176,000
Total Assessment
$9,266,000
zoning
| Zoning Code | HCC |
| HCC |
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