703-424-8183
6301 State Route 298, East Syracuse, NY for Sale
Hospitality - FOR SALE
1/5
null | Request Cap Rate

6301 State Route 298
East Syracuse, NY 13057


OVERVIEW

More information regarding this listing can be found at: https://www.marcusmillichap.com/properties/107070/deal-room/cd48d83150a2ad58 Investment Highlights • Consistent cash of of +/- $3.75 million in 2024 and TTM August 2025. • Dynamic upside base on: • Micron Technology's Fall 2025 scheduled ground-breaking for $100 billion fabrication facility. • Aggressive rate management available in strong market with reduced supply. • High value guestroom PIP renovation. • Excessive expenses can be reduced with new management. • Excess land available for hotel development. • Fee Simple Interest. • Long-term franchise available to qualified investors.

FOR SALE DETAILS

PRICE

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# OF ROOMS

250

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DoubleTree by Hilton Hotel Syracuse

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

7

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1977

PARKING SPACES

485

LAND DETAILS

LAND ACRES

10.66 AC

LAND SF

464,350 SF

ZONING

06 - INDUS

APN/PARCEL ID

312689-025-000-0005-021-002-0000

ASK ABOUT THIS PROPERTY

David AltobelloMarcus & MillichapMore Info
703-424-8183

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David AltobelloMarcus & MillichapMore Info
703-424-8183

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