$1,800,000

Econolodge-Utica, New York

The Econolodge in Utica has been fully renovated and will have a minimal PIP from Choice. Its robust reservation system and outstanding location directly off the highway contribute to the hotels solid financials and impressive Net Operating Income. There are 40 guestrooms located on two floors with a mix of interior and exterior access.  This is an easy to run, rooms-only property that is ideal for a first time hotel buyer or for a seasoned hotelier to add to its portfolio of properties.  This is an outstanding opportunity to acquire an easy to manage franchised hotel. Schedule a tour today, as this property won’t last long!

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Details

Price : $1,800,000
Property Type : Franchise Hotel
Purpose : Investment
Status : Available
Address : 309 North Genesee St, Utica, NY
State : New York
Zip Code : 13502
City : Utica
No. Guest Rooms : 40
Property ID : 223779

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Features

Convenient location immediately off I-90 Exit 31
Completely renovated hotel - minimal PIP
Choice Reservation System and Support
Close to downtown, shops and restaurants
Lots of room for buses, trucks and trailers
Easy to manage rooms only property

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Mitch Muroff
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