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Sq. Footage N/A
NOI Net Operating Income N/A
Cap Rate N/A

Attributes

Year Built 1998

Property Description

The Hampton Inn Shelton offers investors the opportunity to acquire a high-quality, select-service hotel located in close proximity to large financial services and technology companies, tourist attractions in nearby New Haven, and major higher education institutions such as Yale University, University of New Haven, Fairfield University, Sacred Heart University, St. Vincent College, and University of Bridgeport. The Hotel is just a short drive to several golf courses, entertainment venues, and the Connecticut shoreline which attracts tourism in the summer months. A new owner will benefit from in-place cash flow with upside following a property improvement plan, as well as an attractive basis relative to recent sales and replacement costs. The Hotel is being offered unencumbered by management. Listing secured by Holliday Fenoglio Fowler LP prior to being acquired by JLL on July 1, 2019. Brokerage services now provided by Jones Lang LaSalle Americas, Inc. ("JLL"), a licensed real estate broker.

Investment Highlights

Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer, on an exclusive basis, the fee simple interest in the 125-room Hampton Inn Shelton (the “Hotel” or “Property”). The Hotel is located in Shelton, Connecticut, in close proximity to corporate and leisure lodging demand drivers and countless restaurants, coffee shops and large corporations including BIC, Perkin Elmer, General Electric, Hubbell, Sikorsky Aircraft, and Subway’s headquarters amongst others.
Denny Meikleham
Denny Meikleham
Managing Director
Licensed in
REB.0017202;9519748
Alan Suzuki
Alan Suzuki
Senior Director

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