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$ 5,086,000
Est. payment /mo
Active
1606 CENTRAL AV Colonie, NY 12205
39,000 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Motels/Hotels
Listing Status Active
Purchase Type For Sale
Square Footage 39,000 sqft
Price per Sqft $130
MLS Listing ID 202121392
Style Hotel
Year Built 1983
Annual Tax Amount $61,000
Lot Size 3.200 Acres
Property Sub-Type Motels/Hotels
Property Description
The Days Inn Albany is a phenomenal investment opportunity for any investor or owner-operator.? The property consists of three separate buildings.? The first building to the left is outdoor rooms and has a lobby inside, as well as laundry & vending machines.? The building to the right is a restaurant and is a triple net lease.? The building in the back is 3 stories of a hotel room.? These rooms are suites, and the building has a breakfast area, banquet hall, pool, laundry, and vending machines.? Each building was renovated in 2018.? Due to the pandemic, the hotel was forced to close its pool, banquet hall, and breakfast bar.? Prior to the pandemic, the hotel found lots of success hosting events and accommodating guests with reasonably priced, yet very nice, suites.? While many investors/
Location
State NY
County Albany
Area Colonie, Town (N) W Of Northway (135)
Body of Water No
Exterior
Parking Features Paved
Building
Water Public
Schools
School District South Colonie
Others
Special Listing Condition No Special Conditions
Listed by Cherko Fusco Realty