900 Vestal Pky E - Hospitality FOR SALE


Vestal, NY 13850
$2,900,000 USD
607-754-2600
900 Vestal Pky E, Vestal, NY for Sale
$2,900,000 USD
Hospitality - FOR SALE
1/23
null | Request Cap Rate

900 Vestal Pky E
Vestal, NY 13850


HIGHLIGHTS

  • Near A Highway
  • 57 Guest Rooms
  • 1 Storage Room
  • Spread Over 1.6 Acres

OVERVIEW

Clean & well-kept Motel located on the Vestal Parkway, near Interstate 17 & NYS Route 26 exchange. Total of 57 guest rooms & 1 storage room, throughout the three distinct buildings spread over 1.6 Acres. Main building includes living quarters with 3 bedrooms/1.5 baths for live-in manager/owner, with full laundry facility and lobby/office. Occupancy for 2023 averaged over 70%/daily. Reach out today to find out how you can make this investment work for you.

FOR SALE DETAILS

PRICE

$2,900,000 USD

PRICE/SF

$146 USD /SF

# OF ROOMS

58

PRICE/ROOM

$50,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Parkway Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1954

PARKING SPACES

77

LAND DETAILS

LAND ACRES

1.61 AC

LAND SF

70,132 SF

ZONING

C-2

APN/PARCEL ID

034800-157-019-0003-001-012-0000

ASK ABOUT THIS PROPERTY

Lorelee SchultzHoward Hanna Real Estate ServicesMore Info
607-754-2600

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Lorelee SchultzHoward Hanna Real Estate ServicesMore Info
607-754-2600

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