INVESTMENT HIGHLIGHTS
Hunter Hotel Advisors is pleased to offer for sale the 111-room TownePlace Suites by Marriott Bridgewater Branchburg (the “Hotel”), ideally located within the Bridgewater–Branchburg, NJ submarket, which boasts a varied demand base supported by a strong presence of corporate, pharmaceutical, and life-sciences businesses. The institutional quality, extended-stay Hotel opened in 2018, and is situated adjacent to Roche Molecular Systems and proximate to major employers such as Eli Lilly, Johnson & Johnson, Thermo Fisher Scientific, and Bausch Health. The property’s excellent physical condition, combined with its positioning in an established market with robust supply and demand fundamentals, presents a compelling investment opportunity.
- Institutional quality, extended stay positioned, Marriott branded Hotel
- Opportunity to unlock operational upside as the property currently records a RevPAR of $93 and ranks four out of seven in the competitive set
- Located immediately adjacent to Roche Molecular Systems and situated among an established corporate, pharmaceutical, and life-science corridor providing a diverse demand base
- Limited CapEx due upon sale as the property opened in 2018
- Offered at a discount to today’s replacement cost
- High-barrier-to-entry submarket with no new hotel supply in the pipeline
LISTING CONTACTS
PHOTO GALLERY
ABOUT HUNTER
Hunter Hotel Advisors is the leading investment advisory firm focused exclusively on the hotel industry. Their seasoned team of investment professionals and offices nationwide consistently provide clients with optimal results in hotel brokerage, financial advisory and capital markets services of any size or complexity. With over 45 years of experience in both full and select-service single assets as well as portfolio marketing, the firm’s capacity in valuation, economic analysis, and industry relationships has allowed HUNTER to consistently maximize value regardless of market conditions.
Hunter Hotel Advisors is the founder and producer of the well-known and respected Hunter Hotel Investment Conference. Since their first conference in 1989, they have had a consistent focus on producing an educational and networking format based on real estate and finance for hotel owners.
