1132 Route 73 #Rodeway Inn Mount Laurel, Mount Laurel, NJ 08054
1132 Route 73 #Rodeway Inn Mount Laurel, Mount Laurel, NJ 08054
1132 Route 73 #Rodeway Inn Mount Laurel, Mount Laurel, NJ 08054
1132 Route 73 #Rodeway Inn Mount Laurel, Mount Laurel, NJ 08054
1132 Route 73 #Rodeway Inn Mount Laurel, Mount Laurel, NJ 08054
1132 Route 73 #Rodeway Inn Mount Laurel, Mount Laurel, NJ 08054
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$ 6,500,000
Est. payment | /mo

41,148 SqFt


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$ 6,500,000
Est. payment | /mo
Save

41,148 SqFt

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 41,148 sqft

Price per Sqft $157

Municipality Mt. Laurel (MTL)

MLS Listing ID 22607780

Annual Tax Amount $125,070

Tax Year 2025

Lot Size 2.420 Acres

Acres 2.42

Property Sub-Type Commercial

Source MOREMLS (Monmouth Ocean Regional REALTORS®)

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

Location

State NJ

County Burlington

Area None

Building/Complex Name None

Direction Route 73, Mount Laurel

Exterior

Parking Features On Site

Private Pool No

Building

Sewer Public Sewer

Water Public

New Construction No

Others

Senior Community No

Tax ID 24-01306-01-00007-02

Monmouth Ocean MLS (MOMLS)
Listed by Keller Williams Realty Freehold

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1132 Route 73 #Rodeway Inn Mount Laurel