This offering presents a rare opportunity to acquire a hospitality investment asset in East Greenbush, New York. Positioned close to major employers and amenities, this property caters to both short-term and extended-stay guests across 30 rooms, each outfitted with a half bathroom. The asset underwent a renovation in 2016 and features a range of recently updated systems including new bathrooms, showers, hot water heating, and a modern sprinkler system. Common areas include two full bathrooms, two living rooms, a dining room, a commercial-grade kitchen, and a private courtyard, all designed to support high guest satisfaction.
In addition to the primary ±12,042 SF building, the offering includes a ±1,388 SF duplex at 121 Columbia Turnpike, providing additional income potential. Parking for approximately 30 vehicles supports ease of access, and the property is situated less than half a mile from Regeneron, a major regional employer. This investment benefits from multiple income streams and operational flexibility, providing long-term upside in a growing submarket within the Capital Region.