Residence Inn by Marriott Neptune at Gateway Centre

JLL’s Hotels & Hospitality Group, as sole and exclusive agent for the owner, has been retained to offer for sale the fee simple interest in the 109-room Hampton Inn Neptune/Wall (the “Hotel” or “Property”). Located directly off Garden State Parkway Exit 100B on Route 66, this 4-story wood frame structure represents the opportunity to acquire a premium branded, institutional-quality asset in a market with visitation performance that has been consistently increasing.

This offering is priced below replacement cost. Monmouth County is a hub for key sectors including tourism and entertainment, boasting 27 miles of coastline, the PNC Bank Arts Center, Monmouth Park racetrack, Jersey Shore Outlets, and the emerging Netflix Development. This investment opportunity allows for a buyer to acquire a Marriott flagged hotel in a market with diversified demand and a consistent leisure component