INVESTMENT HIGHLIGHTS

HUNTER HOTEL ADVISORS has been retained as the exclusive advisor to solicit offers on the 120-room Home2 Suites by Hilton Wayne. Located at 350 US Highway 46 in Wayne, New Jersey the institutionally built hotel was constructed in 2020. Uniquely positioned less than 20 miles from Manhattan, the Home2 sits along a highly trafficked commercial corridor with a multitude of manufacturing and logistics facilities, in addition to numerous retail and entertainment outlets. This array of demand generators contribute to the Hotel’s diverse business mix and stellar performance figures. As the market leader, the Hotel has performed at the top of its competitive set for the last 3 years with regard to RevPAR. In 2024, the Home2 Suites achieved a $134.26 RevPAR, generating roundly $6 million in revenue and $1.8 million in NOI, providing unmatched and immediate cash flow for a new buyer. The Hotel is being offered for sale unencumbered of management and a qualified buyer is expected to receive a long term license from Hilton.

TOP PERFORMING EXTENDED-STAY HOTEL 

The Home2 Suites by Hilton Wayne has consistently ranked as the top hotel in its competitive set for the last 3 years. Boasting a market leading extended-stay product, considerable brand strength, and an ideal location proximate to numerous corporate and leisure demand generators, the Hotel outperforms its peers and has maintained an impressive 130%+ RevPAR index since its first full year of stabilized operations. 

STRONG IN-PLACE CASH FLOWS 

The Home2 Suites has grown revenues consistently in each year of operation. Since 2022, the Total Revenues have grown by 12.4%. During this time, NOI has achieved healthy performance metrics with strong in-place cash flows of $1.84 million as of year-end 2024, offering immediate yield for a new investor. 

HIGH BARRIER-TO-ENTRY MARKET 

Due to existing density and zoning restrictions, New Jersey is regarded as a market with a high barrier-to-entry for hotel development. As a result, no new supply has entered the market since the construction of the Home2 Suites and there is no new supply planned or under construction proximate to the Hotel. This presents a Buyer with the ability to continue cash flowing without interruption from new market entrants.

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.