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1630 Central Ave
Albany, NY 12205
EconoLodge Albany · Hospitality Property For Sale
·
90 Rooms
PROPERTY FACTS
AMENITIES
- Balcony
- Business Center
- Fitness Center
- Meeting Event Space
ABOUT 1630 CENTRAL AVE , ALBANY, NY 12205
This recently updated exterior corridor property boasts 90 guestrooms on the Choice system, plus an additional 10 rooms that are currently used for a managers apartment and storage. The Econolodge has an excellent reputation, and most of the rooms have been renovated to the latest Choice standards. As such, only a minimal PIP will be required for a new franchisee. The Albany Econolodge has strong financials, due in part to its location, amenities, fitness center, spacious meeting room, warm and inviting lobby and breakfast area.
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Guest Room | 90 | $58.00 | - |
PROPERTY TAXES
| Parcel Number | 012601-041-008-0001-038-001-0000 | Improvements Assessment | $700,000 |
| Land Assessment | $600,000 | Total Assessment | $1,300,000 |
PROPERTY TAXES
