Boston Marriott Newton_Propiedad en venta
Boston Marriott Newton_Propiedad en venta
2345 Commonwealth Ave, Newton, MA, 02466-1733, US

Boston Marriott Newton

Descripción del activo

JLL’s Hotels & Hospitality Group, as sole and exclusive agent has been retained to offer for sale the fee simple interest in the 430-key Boston Marriott Newton (the “Hotel,” “Property,” or “Offering”). This Offering represents a rare opportunity to obtain a fee simple, non-union asset, free from management, in Newton, a sought-after submarket outside of Boston, one of the Nation’s top-tier gateway markets. The Boston Marriott Newton offers substantial value-add potential through a combination of operational enhancements and renovation, as it is currently unencumbered by management, allowing investors to implement strategic cost controls and aggressive yield management strategies.

 

Situated in the dynamic city of Newton, Massachusetts, the seven-story Hotel boasts scenic, waterfront views of the Charles River and features three F&B outlets, a fitness center, indoor pool, gift shop, convenience store, and a spacious 658-space parking lot. The Hotel possesses over 34,000 square feet of versatile meeting and event space, including an impressive 9,324 square foot grand ballroom, and is outfitted with contemporary amenities, making it ideal for corporate conferences, weddings, and other special events. The Hotel’s location, just seven miles from Downtown Boston, is further enhanced by its convenient access to the greater Boston area. A global city steeped in history, Boston ranks among the most popular tourist destinations in the United States. The Hotel sits in proximity to leading institutions of higher education, highlighted by Boston College with combined enrollment across Newton of 18,000 students as well as a diverse roster of innovative firms in the immediate area including TripAdvisor, Spindrift, CyberArk and Karyopharm. 


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Atributos

Llaves
430
Año de renovación
2017
Área de construcción bruta
45.330 m²
Pisos
7
Área de terreno bruta
4,53 ha

Medios

Aspectos destacados de la inversión

  • Highly Accessible Suburban Boston Location 
  • Affluent Suburb with Durable Demand Drivers
  • Strong Boston Lodging Fundamentals
  • Premier Full-Service Hotel
  • Industry Leading Brand Affiliation
  • Significant Discount to Replacement Cost
  • Excess Land, Development Potential
  • Strong In-Place Cash Flow with Operational Upside
  • Unencumbered by Management
  • Value-Add Opportunities 


Boston Marriott Newton 4_Propiedad en venta
Boston Marriott Newton 4_Propiedad en venta

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Última actualización
28 de abr de 2025