RevereCRE

HAMPTON INN

120 Keys | 4 Stories

2348 NJ-70, Cherry Hill Township, NJ, 08002

 RESIDENCE INN

131 Keys | 5 Stories

2348 NJ-70, Cherry Hill Township, NJ, 08002

INVESTMENT HIGHLIGHTS

Hunter Advisors has been exclusively retained to market a substantially entitled hospitality development site on ±7.16 acres in Cherry Hill, New Jersey. The site is approved for a 120-key Hampton Inn, a 131-key Residence Inn and a 4,250 SF restaurant/ retail pad, and pads are available individually or can be acquired as a portfolio. Offering ±590 feet of frontage on Route 70 West (~85,000 VPD), with direct access to I-295 and Center City Philadelphia just 8 miles away, the site represents a rare opportunity to build and acquire immediate scale with two of the lodging industry’s most coveted brands, in an irreplaceable location. Township approvals run through May 2027, major NJDEP permits are in hand, and the project is eligible for Cherry Hill’s 5-year tax abatement program. The site is primed for development.

NEW JERSEY

CHERRY HILL HOSPITALITY DEVELOPMENT SITE

Two Approved Hotels Plus a 4,250 SF Restaurant/Retail Pad
Each pad can be bought on its own, or investors
can acquire two pads or the entire site
DATA ROOM
INQUIRE

RESIDENCE INN

131 Keys | 5 Stories

2348 NJ-70, Cherry Hill Township, NJ, 08002

HAMPTON INN

120 Keys | 4 Stories

2348 NJ-70, Cherry Hill Township, NJ, 08002

 

INVESTMENT HIGHLIGHTS

Hunter Advisors has been exclusively retained to market a substantially entitled hospitality development site on ±7.16 acres in Cherry Hill, New Jersey. The site is approved for a 120-key Hampton Inn, a 131-key Residence Inn and a 4,250 SF restaurant/ retail pad, and pads are available individually or can be acquired as a portfolio. Offering ±590 feet of frontage on Route 70 West (~85,000 VPD), with direct access to I-295 and Center City Philadelphia just 8 miles away, the site represents a rare opportunity to build and acquire immediate scale with two of the lodging industry’s most coveted brands, in an irreplaceable location. Township approvals run through May 2027, major NJDEP permits are in hand, and the project is eligible for Cherry Hill’s 5-year tax abatement program. The site is primed for development.

INVESTMENT ADVISORY

ABOUT HUNTER

Hunter Advisors is an investment advisory firm focused exclusively on the sale, purchase and financing of hotels. Our team draws on nearly 50 years of experience and close ties to Wall Street and Main Street to help clients around the country navigate every phase of the brokerage process, from valuation to closing. Hunter Advisors is also the founder of the Hunter Conference, hosted annually in Atlanta for 36 years running.

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