Description

JLL’s Hotels & Hospitality Group, as sole and exclusive advisor, is pleased to present for sale the fee-simple interest in the 140-key Hilton Garden Inn Westbury (the “Hotel” or “Property”). Strategically located in the heart of Nassau County on Privado Road in Westbury, New York, the Hotel benefits from consistently strong corporate, leisure and group demand in one of the highest barriers to entry markets in the United States.

The Hotel is ideally located in the heart of Nassau County and benefits from a prime location adjacent to Eisenhower Park and close to leading Long Island demand generators such as Jones Beach, Hofstra University, UBS Arena, Flagstar at Westbury Music Fair, Old Westbury, Nassau University Medical Center, and premier shopping and dining destinations

in one of the country’s most desirable retail markets. Additionally, Long Island is a popular wedding destination, and Westbury’s country clubs and event venues create substantial demand for group blocks and farewell brunches at the Hotel’s meeting space. The Hotel’s strategic connectivity further enhances its appeal with the Westbury LIRR

station less than a mile away offering a direct train to New York City’s Penn Station in less than 45 minutes, the Long Island Expressway and Meadowbrook Parkway and convenient access to Long Island MacArthur Airport, JFK and LaGuardia.

Long Island is one of the highest barriers to entry markets in the United States involving lengthy approval processes and notoriously high construction costs relative to nationwide averages. There are currently no hotels under construction in Long Island, giving investors the opportunity to benefit from outsized diversified demand relative to supply. The Hotel is offered unencumbered of management and represents a rare and compelling opportunity to acquire a strategically

located and recent vintage Property in Long Island with strong cash flow and significant upside.

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