100 International BlvdElizabeth, NJ 07201

Property Details for 100 International Blvd

Year built

2003

Lot size

3.00 AC

Property size (Sq ft)

85,838 SF

Property type

Hospitality properties

Property subtype

Other hospitality properties

Description

This exceptional 7-story, 85,838 square foot Hampton Inn & Suites offers a unique investment opportunity. Located in Elizabeth, New Jersey, at 100 International Blvd (07201), this hotel boasts 213 keys and sits on a 3-acre lot zoned M-1. Originally built in 2003 and extensively renovated in 2024, the property benefits from a prime location near a major East Coast airport within a premier metropolitan statistical area. The hotel is part of the Hilton network, leveraging their extensive loyalty program and superior booking engine. Amenities include a refreshed lobby bar, indoor pool, fitness center, business center, laundry service, and airport shuttle. The property consistently outperforms competitors in occupancy and the recent renovation positions it to achieve significantly higher average daily rates (ADRs) while maintaining strong occupancy. This institutional-grade investment offers a financeable cash flow with an outstanding cash-on-cash yield opportunity, further enhanced by a decrease in the market's lodging supply. Management availability is also an attractive feature for potential buyers. The property is offered for sale by owner.

Location Insight

City

Elizabeth

County

Union

State

New Jersey

Latitude

40.6628

Longitude

-74.1767

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