Jackson props 911[1].docx new


Published on

Published in: Business, Travel
  • Be the first to comment

  • Be the first to like this

No Downloads
Total views
On SlideShare
From Embeds
Number of Embeds
Embeds 0
No embeds

No notes for slide

Jackson props 911[1].docx new

  1. 1. Listing #1 CM9411Hilton Garden Inn Hotel (Under Construction) 52nd and 3rd Avenue New York, NYPlease consider the off-market NEW / UNDER CONSTRUCTION hotel summarizedherein and let me know if you have a buyer for it...aware that the same seller owns manyoperating hotels in NY and elsewhere that could likely be made available to the samebuyer!SUMMARY:Manhattan hotel opportunity involving an off-market 216 room flagged project - underconstruction and to be delivered turnkeyin 12-18 months. 28 Floors + Cellar.Price Expectations: $92M + Fees -NOTE:Unfortunately, the buyer is likely going to have to just be willing to submit a basic LOIbased on their willingness to pay around $425,000 per key + fees for a brand new Hiltonin Manhattan in order to open a dialogue with the seller and get more information...and alikely shot at buying other existing projects from the seller!Sellers protocol requires that a buyer submit a NON-BINDING LETTER OF INTENT("LOI") in order to get more information (projections, etc.) and open a dialogue with theseller.Here are some additional details:Location: Midtown EastHilton Garden Inn Hotel (Under Construction) 52nd and 3rd Avenue New York, NY87,067GSF (including cellar)28 floors + Cellar8 rooms per floor216 KeysFloor Plate of 5,020.83SF with 15FAR15 FAR Commercial / 4 FAR ResidentialAverage Room Size 220SF +/-Gym 475SF2 elevators2 staircases5/6 hotel use; 1/6 townhouse useLarge CellarPlease advise with any questions or comments. Cm9411
  2. 2. Listing # 2 RC 9211The Seller is looking for $280 millTheres a mortgage for about 220MM that the buyer would assumeMy source thinks the Seller will probably accept 270MM for the building.That price is a great value because the building was bought about 5 yrs ago for 280MMand since then theres been about 50-60 mill in capital improvements. Its a gem ofbuilding on Park Ave South below 30th. New lobby, new windows etc1 tenant is leasing about 85% of the building. 1 of the other tenants is a very successfulhedge fund and the other one is a private equity firm.6 more years to go on the leaseListing # 3 NM 921126 Units Mixed Use, Atlantic Ave, Boreum Hill, Brooklyn, NY. Price $15.50MMProperty DescriptionLocated on Atlantic Ave, Brooklyn, NY this is an eight story elevator mixed use building in the hub of fourvibrant Brooklyn communities (Boerum Hill, Cobble Hill, Downtown Brooklyn and Brooklyn Heights) atthe north end of the busy Smith Street retail corridor. The property consists of 26 apartments which havelarge oversized windows, hard oak wood floors, modern luxury finished kitchens/bathrooms. 14 of the 26units have balconies or terraces which emphasize the surrounding views. The building features a commonroof top deck, laundry room, tenant storage and bicycle room.The retail space is 3,550 sf with 35 ft frontage. The finished retail ceiling heights are 12.5 feet. The retailspace is divisible.Due diligence package availableListing # 4 NM 9211111 Units E94th Street, Price 30MMDue diligence package availableListing # 5 NM 921187+ Keys Lux Boutique/Budget Hotel, W31st St, Herald Square, Manhattan, Price$44.3MMMarketing package availableListing # 6 NMVG 91120 Units Mixed Use, Columbus Ave, Upper West Side, Manhattan, Price $8.7MMDue diligence package availableListing # 7 MLK 9311
  3. 3. Here are 40 properties in AZ that are 100% rented from a private seller for sale. Theseproperties have not been shopped around. The seller had put together a package for abuyer, but he could not get the financing, so it fell through. Open attachment for picturesof each property. These properties were mostly built 2007.Price is $9.4mmExpenses (Annual/property)1200 property taxes annually250.00 a year per property rental sales tax500 insuranceHOA 50 per month about 600 annualDue diligence package availableListing # 8 NM 9211Boutique Hotel", Las Vegas, Distress Sale"This property is not listed. The property is in default, foreclosure and bankruptcy.Negotiations are very delicate and we must proceed carefully as there are many legalramifications in process. I believe we can buy the property, as is, for about $15MMDue diligence package availableListing # 9 VG 82011Prime Manhattan multi family portfolio for saleAsk 276MM26 buildings22 commercial units596 residential unitsNOI $16,840,180Due diligence package availableListing # 10 RW811$11 MM Performing CRE Loan Portfolio
  4. 4. Listing # 11 MLK 912011The highest bid $12.25M.Any higher LOI with POF , will be accepted!!!THIS IS 50 CENTS ON THE DOLLAR!!!THIS IS AN A CLASS RESIDENTIAL LUXURY, BANK OWNED PROPERTY,Attached are 60 condos/multifamily located in San DiegoThis is a bank owned property, discounted,I need an LOI and POF - bank to bank only to get this deal ASAP.Listing # 12 KY9611West side of Manhattan NY Ask 4.95MMA unique opportunity exists to acquire a 2 story building delivered vacant and designated fordemolition. Current owner has approved architectural plans (available upon request) to build aboutique hotel with 45 rooms, a 2 story restaurant, a rooftop terrace bar/restaurant and a severaladditional amenities in common spaces. The building will be a ground up development upscale/luxuryboutique hotel with a high end restaurant concept and a rooftop bar that will be leased. This amazinglocation is steps from the Hudson River; 2 blocks north of the passenger ship terminal, 8 minutes walkto Central Park and Columbus Circle, a few blocks from Lincoln Square and Times Square/TheatreDistrict; very short commute to the Port Authority Terminal, Lincoln Tunnel, Jacob Javits ConventionCenter and the future mega project of the Hudson Yards. The hotel will operate a shuttle service toand from the 42nd Street Times Square subway station during the am and pm rush hours. The projecttimeline is approximately 18 months from ground breaking to the opening of the hotel and has a majorplus by having approved plans so the foundation phase can commence right away while amendmentsto the old plans are being drawn and approved. Current plans propose a 9 story building, 105 foot tallwith total of 18100 buildable square ft.The unique location at one of the fastest growing historic neighborhoods in the city attractingthe tier 1 developers in Manhattan to its every corner, its proximity to the Hudson River withrooms and rooftop enjoying fantastic River views in an exceptionally strong lodging marketprovides value-add opportunity to create an upscale and unusual boutique hotel.INVESTMENT SUMMARY UPON REQUEST