285 Room leading Franchised HOTEL at NY Airport ,QUICK SALE - $6500000 (New york)

Its a FULL SERVICE HOTEL and Conference center with 285 Rooms and 10,000 sq. ft of banquet and meeting space.Hotel is located right at ROCHESTER INTERNATIONAL AIRPORT,NEW YORK,( 5 hours drive from
New York City).Hotel was built 1977 and always operated as HOLIDAY INN till 2016. I am the owner of this hotel and last 2 years operated as Ramada Plaza Hotel. Hotel is in very good condition. I did complete renovation of $1.6 Million in year 2017 and 2018. As a HOLIDAY INN it did revenue in excess of $6,000,000 YEARLY with a N.O.I of over $1.5 MILLION.Hotel has a SUPER DYNAMIC LOCATION, at a stone throw from Rochester Intl Airport,NY
In Nov 2018 hotel was appraised for $9.5 Million BUT -----I will sell for $6.5 Million (FIRM PRICE) due to my personal problems plus financial problems. I MUST SELL THE HOTEL before SEPT 15th.I am seeking CASH BUYER that can CLOSE IN ABOUT 4 WEEKS time.
Please CALL ME ANYTIME on my CELL show contact info OWNER
  • do NOT contact me with unsolicited services or offers

post id: 6957170114



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