2100 W Genesee Tpke - Hospitality FOR SALE


Camillus, NY 13031
$725,000 USD
315-561-6167
2100 W Genesee Tpke, Camillus, NY for Sale
$725,000 USD
Hospitality - FOR SALE
1/6
null | 8.5% Cap Rate

2100 W Genesee Tpke
Camillus, NY 13031


HIGHLIGHTS

  • All units have air conditioning
  • New holding tank (bladder)
  • New electric
  • New pump 3 Septic tanks
  • Septic pumped in 2025, Leach field 2023
  • Survey to be paid by buyer or accept old survey on file

OVERVIEW

This offering memorandum outlines the sale of a prime motel property, strategically located in a high-traffic tourist area, attracting both leisure and business travelers. The motel features 10 well-appointed rooms, a swimming pool, and ample parking, positioning it as a desirable lodging option for visitors. Recent renovations have improved aesthetics and functionality, enhancing the guest experience and increasing occupancy rates. Financial performance indicates stable revenue with opportunities for growth through online marketing and expanded services. The property's strong location, combined with favorable zoning regulations and potential for further development, presents an appealing investment opportunity for buyers seeking a profitable venture in the hospitality sector. Detailed financials and projections are included for qualified investors.

FOR SALE DETAILS

PRICE

$725,000 USD

PRICE/SF

$147 USD /SF

# OF ROOMS

13

PRICE/ROOM

$55,769 {currency}

CAP RATE

8.5%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Motel Thomas

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1965

PARKING SPACES

20

LAND DETAILS

LAND ACRES

2.65 AC

LAND SF

115,434 SF

ZONING

07 - MIXED

APN/PARCEL ID

312089-023-000-0002-013-000-0000

ASK ABOUT THIS PROPERTY

Lee BaldwinAcropolis Realty GroupMore Info
315-561-6167

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Lee BaldwinAcropolis Realty GroupMore Info
315-561-6167

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.