Potsdam Inn | 7518 US Hwy 11
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Potsdam Inn 7518 US Hwy 11
16 Room Hotel Potsdam, NY 13676 $949,000 ($59,313/Room) 15.81% Cap Rate
Investment Highlights
- Walking distance to Walmart , Aldi.
- SUNY Potsdam approx 2 miles
- Clarkson university 1.2 Miles
Executive Summary
Managers Apartment includes 3 Bathroom, 4 Bedroom , Living Room, Kitchen , Dining Area, Laundry
Owner requires 40% down payment proof of fund statement to pursue the conversation.
Owner requires 40% down payment proof of fund statement to pursue the conversation.
Financial Summary (Actual - 2022) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2022) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
| Price | $949,000 | Lot Size | 24.10 AC |
| Price Per Room | $59,313 | Building Size | 7,363 SF |
| Sale Type | Investment | No. Rooms | 16 |
| Cap Rate | 15.81% | No. Stories | 1 |
| Sale Conditions | Business Value Included | Year Built | 1960 |
| Property Type | Hospitality | Parking Ratio | 2.99/1,000 SF |
| Property Subtype | Hotel | Corridor | Exterior |
| Building Class | C |
| Price | $949,000 |
| Price Per Room | $59,313 |
| Sale Type | Investment |
| Cap Rate | 15.81% |
| Sale Conditions | Business Value Included |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 24.10 AC |
| Building Size | 7,363 SF |
| No. Rooms | 16 |
| No. Stories | 1 |
| Year Built | 1960 |
| Parking Ratio | 2.99/1,000 SF |
| Corridor | Exterior |
Amenities
- High Speed Internet Access
About 7518 US Hwy 11 , Potsdam, NY 13676
1. Great Owner/Operator based property. 2. Steady income and potential for growth 3. Growth opportunity for new ideas as there is a huge land . 4. Huge owner apartment and steady busisness.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 16 | $81.00 | - |
1 of 1
PROPERTY TAXES
| Parcel Number | 407489-064-003-0002-020-000-0000 | Total Assessment | $485,000 (2023) |
| Land Assessment | $134,200 (2023) | Annual Taxes | ($1) ($0.00/SF) |
| Improvements Assessment | $350,800 (2023) | Tax Year | 2022 |
PROPERTY TAXES
Parcel Number
407489-064-003-0002-020-000-0000
Land Assessment
$134,200 (2023)
Improvements Assessment
$350,800 (2023)
Total Assessment
$485,000 (2023)
Annual Taxes
($1) ($0.00/SF)
Tax Year
2022
zoning
| Zoning Code | 01 (This is 20 acres land and can be used to extend the building or lease the land for other business.) |
| 01 (This is 20 acres land and can be used to extend the building or lease the land for other business.) |
Learn More About Investing in Hospitality Properties
1 of 19
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Real Broker, LLC
Potsdam Inn | 7518 US Hwy 11
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.