5418 South Bay Rd - Hospitality FOR SALE
North Syracuse, NY 13212 |
5418 South Bay Rd
North Syracuse, NY 13212
HIGHLIGHTS
- Premier SYR airport hotel and has historically attracted between 25 to 40 crew rooms a night between Masa Airlines, CommuteAir, and PSA Airlines.
- Offered unencumbered by management allowing an operator to implement their own management style and benefit from regional synergies.
- Rare opportunity for an investor to acquire an excellently positioned and branded limited-service hotel at a significant discount to replacement cost.
- Tremendous upside from completing the PIP as the hotel has not been renovated in six years.
FOR SALE DETAILS
PRICE
-
# OF ROOMS
-
CAP RATE
-
BUILDING DETAILS
PROPERTY NAME
Holiday Inn Express Syracuse Airport
PROPERTY TYPE
Hospitality
TOTAL BUILDING SIZE
47844
STORIES
3
ROOM ENTRANCE
Interior
BUILDING CLASS
B
YEAR BUILT
2006
PARKING SPACES
90
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
06
APN/PARCEL ID
314889-058-000-0001-003-004-0000
