789 Connecticut Ave | Norwalk, CT 06854
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789 Connecticut Ave
Norwalk, CT 06854
Lender Owned DoubleTree Hilton Hotel Norwalk · Hospitality Property For Sale · 136,807 SF
Investment Highlights
- Fee simple interest in the lender owned 265-room DoubleTree by Hilton Norwalk, CT, situated within the New York City Metropolitan Area.
- Subject Hotel is offered unencumbered of management and debt.
- Substantial operational upside in purchasing a REO hotel, transitioning operations from the manager, completing the PIP, and repositioning the asset.
- Property available for sale in the April 5th Ten-X auction event.
- Property is offered at a substantial discount to replacement cost in the high barrier to entry Fairfield County.
PROPERTY FACTS
| Sale Conditions | Auction Sale | Building Size | 136,807 SF |
| Property Type | Hospitality | No. Stories | 8 |
| Property Subtype | Hotel | Year Built/Renovated | 1971/2009 |
| Building Class | B | Parking Ratio | 0.89/1,000 SF |
| Lot Size | 3.21 AC | Corridor | Interior |
| Construction Status | Demolished |
| Sale Conditions | Auction Sale |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.21 AC |
| Construction Status | Demolished |
| Building Size | 136,807 SF |
| No. Stories | 8 |
| Year Built/Renovated | 1971/2009 |
| Parking Ratio | 0.89/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- Shuttle Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Digital key
PROPERTY TAXES
| Parcel Number | NORW-000005-000071-000013 | Improvements Assessment | $5,926,770 |
| Land Assessment | $4,026,360 | Total Assessment | $9,953,130 |
PROPERTY TAXES
Parcel Number
NORW-000005-000071-000013
Land Assessment
$4,026,360
Improvements Assessment
$5,926,770
Total Assessment
$9,953,130
zoning
| Zoning Code | B1 |
| B1 |
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