1132 Route 73 Unit Rodeway Inn Mount Laurel, Mount Laurel, NJ 08054

$6,200,000

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List Price
$6,200,000
Price Change
▼ $300,000 1778531414
Days on Market
126
Status
ACTIVE
MLS#
22607780
Lot Size (Acres)
2.42
County
Burlington

Property Description

The Rodeway Inn Mount Laurel Hwy 73 is a 92-room, exterior corridor ,economy-class hotel strategically located at 1132 Route 73, Mount Laurel, NJ 08054. Situated on a prime 3.22-acre suburban lot, the property is a franchise-operated facility under the Choice Hotels International umbrella. The building features a durable two-story, exterior corridor design constructed with reinforced concrete. Following an initial renovation in 2012, the property underwent extensive capital improvements in 2023, including the installation of a new boiler, comprehensive new plumbing, and new PTAC units in all guest rooms. This asset represents a great opportunity for hands-on operations, benefiting from a high-traffic location that sees nearly 65,000 vehicles daily and a robust local economy with over 70,000 daytime employees within a three-mile radius

Additional Information

Area
Mt. Laurel (MTL)
Stories
2
Sewer
Public Sewer

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Listing courtesy of Keller Williams Realty Freehold. Contact: