Parkway Inn | 900 Vestal Pky E
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Parkway Inn 900 Vestal Pky E
58 Room Hotel Vestal, NY 13850 $2,900,000 ($50,000/Room)
Investment Highlights
- Near A Highway
- 1 Storage Room
- 57 Guest Rooms
- Spread Over 1.6 Acres
Executive Summary
Clean & well-kept Motel located on the Vestal Parkway, near Interstate 17 & NYS Route 26 exchange. Total of 57 guest rooms &
1 storage room, throughout the three distinct buildings spread over 1.6 Acres. Main building includes living quarters with 3
bedrooms/1.5 baths for live-in manager/owner, with full laundry facility and lobby/office. Occupancy for 2023 averaged over
70%/daily. Reach out today to find out how you can make this investment work for you.
1 storage room, throughout the three distinct buildings spread over 1.6 Acres. Main building includes living quarters with 3
bedrooms/1.5 baths for live-in manager/owner, with full laundry facility and lobby/office. Occupancy for 2023 averaged over
70%/daily. Reach out today to find out how you can make this investment work for you.
Property Facts Under Contract
Price | $2,900,000 | Building Size | 19,916 SF |
Price Per Room | $50,000 | No. Rooms | 58 |
Sale Type | Investment | No. Stories | 2 |
Property Type | Hospitality | Year Built/Renovated | 1954/1990 |
Property Subtype | Hotel | Tenancy | Single |
Building Class | C | Parking Ratio | 3.87/1,000 SF |
Lot Size | 1.61 AC | Corridor | Exterior |
Price | $2,900,000 |
Price Per Room | $50,000 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | C |
Lot Size | 1.61 AC |
Building Size | 19,916 SF |
No. Rooms | 58 |
No. Stories | 2 |
Year Built/Renovated | 1954/1990 |
Tenancy | Single |
Parking Ratio | 3.87/1,000 SF |
Corridor | Exterior |
Amenities
- High Speed Internet Access
- Public Access Wifi
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Guest Room | 58 | $83.00 | - |
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PROPERTY TAXES
Parcel Number | 034800-157-019-0003-001-012-0000 | Improvements Assessment | $604,200 |
Land Assessment | $245,800 | Total Assessment | $850,000 |
PROPERTY TAXES
Parcel Number
034800-157-019-0003-001-012-0000
Land Assessment
$245,800
Improvements Assessment
$604,200
Total Assessment
$850,000
zoning
Zoning Code | C-2 (Commercial) |
C-2 (Commercial) |
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Parkway Inn | 900 Vestal Pky E
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