41 Old Route 146 - Hospitality FOR SALE


Clifton Park, NY 12065
$4,200,000 USD
617-610-7774
41 Old Route 146, Clifton Park, NY for Sale
$4,200,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

41 Old Route 146
Clifton Park, NY 12065


HIGHLIGHTS

  • Well located Franchised Hotel just minutes to the Capital of New York State!
  • Easy to Run Hotel with Great Potential to improve its profitability!
  • Interior Corridor 61 Room Economy Hotel updated in 2023!
  • Great Hotel for first time buyer or to add to hotel portfolio!
  • Near to Albany, Saratoga, Lake George - Thriving businesses nearby!
  • Beautiful Safe Location - great schools and lovely neighborhood!

OVERVIEW

The Clifton Park Red Roof Inn is a well located 61 room interior corridor hotel located immediately off Exit 9 of I-87; just a short drive to Albany, the Capital of New York State. Clifton Park is a thriving bedroom community that is has a mix of businesses, beautiful homes, great schools, public parks and attractions. The Red Roof Inn offers all the comforts of home with a lovely breakfast area, outdoor BBQ's, generous parking, lovely lobby, fitness and business center and more! This easy to run rooms only property is a great way to enter the hotel business for a first time buyer or a wonderful addition to a hospitality portfolio for a larger management company. Nearby Attractions include: Clifton Park Center (0.54 mi); Regal Cinema Clifton Park (0.64 mi); Van Patten Golf Club (3.55 mi); Squirrel Hollow Golf Course (7.88 mi); Schenectady Museum (8.93 mi); Schenectady County Airport (SCH) (7.46 mi); Albany International Airport (ALB) (8.49 mi); Saratoga County Fairground (10.19 mi); Saratoga Spa State Park (12.86 mi); Albany Pine Bush Preserve (12.05 mi); Saratoga Casino and Raceway (14.23 mi); Empire State Plaza (14.9 mi); U.S. Army Watervliet Arsenal (12 miles), Saratoga Springs NSU Navy Base (15 miles) and National Guard (16.7 miles).

FOR SALE DETAILS

PRICE

$4,200,000 USD

PRICE/SF

$168 USD /SF

# OF ROOMS

61

PRICE/ROOM

$68,852 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Red Roof Inn Clifton Park

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1992

PARKING SPACES

79

LAND DETAILS

LAND ACRES

2.74 AC

LAND SF

119,354 SF

ZONING

05

APN/PARCEL ID

412400-272-009-0001-030-001-0000

ASK ABOUT THIS PROPERTY

Mitchell B Muroff, Esq.Muroff Hospitality GroupMore Info
617-610-7774

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Mitchell B Muroff, Esq.Muroff Hospitality GroupMore Info
617-610-7774

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