1954 Lyell Ave - Hospitality FOR SALE


Rochester, NY 14606
$6,500,000 USD
646-472-8745
1954 Lyell Ave, Rochester, NY for Sale
$6,500,000 USD
Hospitality - FOR SALE
1/10
null | Request Cap Rate

1954 Lyell Ave
Rochester, NY 14606


HIGHLIGHTS

  • Unlock Hidden Potential
  • Strategic Advantage
  • SBA Lending Benefits

OVERVIEW

Besen Partners is thrilled to present you with a one-of-a-kind opportunity: the chance to acquire the Quality Inn Rochester, a standout member of the esteemed Choice Group. Nestled in the vibrant city of Rochester, New York, this exceptional property is located at 1954 Lyell Ave, Rochester, NY 14606. The hotel boasts 86 keys spread across 5 stories, built in 1990, and renovated in 2022 the asset offers a blend of luxury and comfort for discerning guests. Among its standout features is a distinct meeting space spanning over 600 square feet, ideal for hosting a variety of events and gatherings. The Quality Inn Rochester-Gates is impeccably maintained, ensuring an unparalleled guest experience. The property is equipped with an array of amenities catering to the diverse needs of both business and leisure travelers. These include a modern fitness center, a versatile meeting room, Premium Free Wi-Fi and ample truck and bus parking providing guests with an array of options. This property boasts a robust build and structure, setting the stage for significant value appreciation. Unlock Hidden Potential: Benefit from the additional 20 keys located at the rear of the lot, which offer a valuable opportunity for revenue enhancement through thoughtful development. Strategic Advantage: Take advantage of a well-crafted business plan designed to help investors recover a portion of their equity, optimizing financial returns. SBA Lending Benefits: This asset is eligible for SBA financing, reducing the equity requirement and making it an attractive option for investors seeking to leverage their capital efficiently Capitalize on this rare opportunity to invest in a property with exceptional growth prospects and favorable financing options. SIGN NDA: https://powerforms.docusign.net/3b4c1756-874b-4c79-8a23-337732fa072e?env=na4&acct=9471c1b7-fe53-4a96-b95d-08824ce97ab0&accountId=9471c1b7-fe53-4a96-b95d-08824ce97ab0

FOR SALE DETAILS

PRICE

$6,500,000 USD

PRICE/SF

$122 USD /SF

# OF ROOMS

86

PRICE/ROOM

$75,581 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quality Inn Rochester

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

5

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1991

PARKING SPACES

100

LAND DETAILS

LAND ACRES

2.81 AC

LAND SF

122,404 SF

ZONING

05

APN/PARCEL ID

262600-104-160-0001-008-100

ASK ABOUT THIS PROPERTY

Arjun ShethBesen PartnersMore Info
646-472-8745

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Arjun ShethBesen PartnersMore Info
646-472-8745

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