1340 Millersport Hwy | Amherst, NY 14221
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1340 Millersport Hwy
Amherst, NY 14221
Buffalo Marriott Niagara · Hospitality Property For Sale · 234,487 SF
Investment Highlights
- $4.9 million ($13,823 per room) of capital expenditures since 2012 with the opportunity to further improve performance through additional upgrades.
- At its peak, the Hotel achieved nearly $17.6 million and $5.3 million of total revenue and net operating income, respectively.
- Opportunity exists to renovate the hotel and renew the Marriott affiliation, to affiliate the Hotel with a new brand, or even consider alternate uses.
- Future zoning of the site provides a variety of attractive development scenarios and would also allow for the continued operation as a hotel.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 10 |
| Property Subtype | Hotel | Year Built/Renovated | 1981/2024 |
| Building Class | B | Tenancy | Single |
| Lot Size | 11.14 AC | Parking Ratio | 2.86/1,000 SF |
| Building Size | 234,487 SF | Corridor | Interior |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 11.14 AC |
| Building Size | 234,487 SF |
| No. Stories | 10 |
| Year Built/Renovated | 1981/2024 |
| Tenancy | Single |
| Parking Ratio | 2.86/1,000 SF |
| Corridor | Interior |
Amenities
- Fitness Center
- Pool
- Restaurant
- Room Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Hot Tub
- Digital key
PROPERTY TAXES
| Parcel Number | 142289-054-040-0002-013-211 | Improvements Assessment | $7,500,000 |
| Land Assessment | $1,380,000 | Total Assessment | $8,880,000 |
PROPERTY TAXES
Parcel Number
142289-054-040-0002-013-211
Land Assessment
$1,380,000
Improvements Assessment
$7,500,000
Total Assessment
$8,880,000
zoning
| Zoning Code | SC |
| SC |
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