Distressed Hotel Property in Staten Island for sale

A plot of land with a hotel with approximately 80 rooms. The project is 75% complete. At the moment, about 20 million have been invested in the development of this project. As a result, the distressed hotel in Staten Island for sale can become a boutique or a flag, at your discretion. A tax credit is offered for the next 15 years.

Profitable hotel business for sale

You can become a part of this ready distressed hotel business for sale. If you consider the hotel solely as an investment and do not want to actively manage it, of course, in this case, you still need to hire a management company, since at the moment the project is not completed and there is no staff team there. If you are well versed in the hotel environment, then you can purchase this project and invest in its development – and as a result, get a hotel that meets all your wishes and aesthetic preferences.