$1,500,000

Motel 6 – Ilion, New York

This fully renovated Motel 6 is conveniently located off I-90 in Herkimer County, only minutes from Utica, New York. There are multiple demand generators in this easy to run property that has a great franchise system and a host of repeat customers. There is a comfortable 3-bedroom apartment for an Owner – Manager, and a huge vacant space on the first floor that had been used at one time as a banquet facility offering great potential for additional revenue. Strong financials and a solid cap rate make this unique offering a steal at this unbelievable list price! Call Mitch for details!

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Details

Price : $1,500,000
Property Type : Motel
Purpose : Investment
Status : Under Agreement
Address : 345 East Main Street, Ilion, New York
State : New York
Zip Code : 13357
City : Ilion
No. Guest Rooms : 31
Property ID : 223478

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Features

Easy to run motel
Spacious owners apartment w/ 3 bedrooms, kitchen and living space
Fully renovated property; New everything!
Conveniently located off I-90, near Utica. Travelers love it!
Location is near shops, restaurants, and commercial business.

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Mitch Muroff
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