1606 CENTRAL AV

Estimated Monthly Payment: $23,193/mo 1606 CENTRAL AV, Colonie, NY 12205 MLS# 202121392 Motels/Hotels Listing Status: Active
48
20
0
0

REMARKS:

The Days Inn Albany is a phenomenal investment opportunity for any investor or owner-operator.? The property consists of three separate buildings.? The first building to the left is outdoor rooms and has a lobby inside, as well as laundry & vending machines.? The building to the right is a restaurant and is a triple net lease.? The building in the back is 3 stories of a hotel room.? These rooms are suites, and the building has a breakfast area, banquet hall, pool, laundry, and vending machines.? Each building was renovated in 2018.? Due to the pandemic, the hotel was forced to close its pool, banquet hall, and breakfast bar.? Prior to the pandemic, the hotel found lots of success hosting events and accommodating guests with reasonably priced, yet very nice, suites.? While many investors/

OVERVIEW:

Motels/Hotels
Active
Colonie, Town (N) W of Northway
Hotel
1983
3.20
Paved
Public
Public

SCHOOLS:

South Colonie

FINANCIAL:

$5,086,000

Broker Reciprocity This listing courtesy of Bryce Cherko, 518-847-9138, with Cherko Fusco Realty

 

Disclaimer: All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Jandali Realty shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

 

©2021 Global MLS All rights reserved.