Quality Inn Rochester | 1954 Lyell Ave
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Quality Inn Rochester 1954 Lyell Ave
86 Room Hotel Rochester, NY 14606 $6,500,000 ($75,581/Room)
Investment Highlights
- Unlock Hidden Potential
- SBA Lending Benefits
- Strategic Advantage
Executive Summary
Besen Partners is thrilled to present you with a one-of-a-kind opportunity: the chance to acquire the Quality Inn Rochester, a standout member of the esteemed Choice Group. Nestled in the vibrant city of Rochester, New York, this exceptional property is located at 1954 Lyell Ave, Rochester, NY 14606.
The hotel boasts 86 keys spread across 5 stories, built in 1990, and renovated in 2022 the asset offers a blend of luxury and comfort for discerning guests. Among its standout features is a distinct meeting space spanning over 600 square feet, ideal for hosting a variety of events and gatherings.
The Quality Inn Rochester-Gates is impeccably maintained, ensuring an unparalleled guest experience. The property is equipped with an array of amenities catering to the diverse needs of both business and leisure travelers. These include a modern fitness center, a versatile meeting room, Premium Free Wi-Fi and ample truck and bus parking providing guests with an array of options.
This property boasts a robust build and structure, setting the stage for significant value appreciation.
Unlock Hidden Potential: Benefit from the additional 20 keys located at the rear of the lot, which offer a valuable opportunity for revenue enhancement through thoughtful development.
Strategic Advantage: Take advantage of a well-crafted business plan designed to help investors recover a portion of their equity, optimizing financial returns.
SBA Lending Benefits: This asset is eligible for SBA financing, reducing the equity requirement and making it an attractive option for investors seeking to leverage their capital efficiently
Capitalize on this rare opportunity to invest in a property with exceptional growth prospects and favorable financing options.
SIGN NDA:
https://powerforms.docusign.net/3b4c1756-874b-4c79-8a23-337732fa072e?env=na4&acct=9471c1b7-fe53-4a96-b95d-08824ce97ab0&accountId=9471c1b7-fe53-4a96-b95d-08824ce97ab0
The hotel boasts 86 keys spread across 5 stories, built in 1990, and renovated in 2022 the asset offers a blend of luxury and comfort for discerning guests. Among its standout features is a distinct meeting space spanning over 600 square feet, ideal for hosting a variety of events and gatherings.
The Quality Inn Rochester-Gates is impeccably maintained, ensuring an unparalleled guest experience. The property is equipped with an array of amenities catering to the diverse needs of both business and leisure travelers. These include a modern fitness center, a versatile meeting room, Premium Free Wi-Fi and ample truck and bus parking providing guests with an array of options.
This property boasts a robust build and structure, setting the stage for significant value appreciation.
Unlock Hidden Potential: Benefit from the additional 20 keys located at the rear of the lot, which offer a valuable opportunity for revenue enhancement through thoughtful development.
Strategic Advantage: Take advantage of a well-crafted business plan designed to help investors recover a portion of their equity, optimizing financial returns.
SBA Lending Benefits: This asset is eligible for SBA financing, reducing the equity requirement and making it an attractive option for investors seeking to leverage their capital efficiently
Capitalize on this rare opportunity to invest in a property with exceptional growth prospects and favorable financing options.
SIGN NDA:
https://powerforms.docusign.net/3b4c1756-874b-4c79-8a23-337732fa072e?env=na4&acct=9471c1b7-fe53-4a96-b95d-08824ce97ab0&accountId=9471c1b7-fe53-4a96-b95d-08824ce97ab0
Data Room Click Here to Access
Property Facts
| Price | $6,500,000 | Building Size | 53,273 SF |
| Price Per Room | $75,581 | No. Rooms | 86 |
| Sale Type | Investment | No. Stories | 5 |
| Property Type | Hospitality | Year Built | 1991 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 3.35/1,000 SF |
| Lot Size | 2.81 AC | Corridor | Interior |
| Price | $6,500,000 |
| Price Per Room | $75,581 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.81 AC |
| Building Size | 53,273 SF |
| No. Rooms | 86 |
| No. Stories | 5 |
| Year Built | 1991 |
| Tenancy | Single |
| Parking Ratio | 3.35/1,000 SF |
| Corridor | Interior |
Amenities
- Business Center
- Fitness Center
- Time Share
- Meeting Event Space
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 6 | $120.00 | - |
| Guest Room | 80 | $75.00 | - |
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PROPERTY TAXES
| Parcel Number | 262600-104-160-0001-008-100 | Improvements Assessment | $673,900 |
| Land Assessment | $418,500 | Total Assessment | $1,092,400 |
PROPERTY TAXES
Parcel Number
262600-104-160-0001-008-100
Land Assessment
$418,500
Improvements Assessment
$673,900
Total Assessment
$1,092,400
zoning
| Zoning Code | 05 |
| 05 |
-
Arjun Sheth -
Ronald Cohen -
Besen Partners
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Quality Inn Rochester | 1954 Lyell Ave
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