Permanent Loan
- $8,500,000
- 113-key, three-story, limited-service hotel
- Westampton, NJ
Axiom Capital has structured and arranged a $8,500,000 permanent loan for the refinance of a 113-key, three-story, limited-service hotel in Westampton, Burlington County, New Jersey.
The property consists of 2 buildings with approximately 234 parking spaces, a full-service restaurant, and a 3,700 square foot event space. Amenities include indoor pool, fitness center and business center. The property is situated in an excellent location — immediately off Exit 5 of the New Jersey Turnpike (Interstate 95). The property is also accessible from Exit 47 of Interstate 295 via Mount Holly Road (1.7 miles). The Hilton Garden Inn is located 15.0 miles (25 minutes) from Joint Base McGuire-Dix-Lakehurst. The Property offers guests convenient access Mount Holly (10 minutes), Parx Casino and The Funplex (12 minutes).