1954 Lyell AveRochester, NY 14606
86-Key Hotel, Newly Renovated, High ROI
Overview
- Added:
- Dec 11, 2024
- Days on market:
- 123
Highlights
- 86-key hotel in Rochester, NY, offering significant value appreciation potential due to its robust construction.
- Expansion opportunity: 20 additional keys on the rear lot allow for revenue growth.
- Includes a comprehensive business plan to maximize investor returns.
- SBA financing eligible, reducing equity requirements and leveraging capital efficiently.
Property Details for 1954 Lyell Ave
- Property type
- Hospitality properties, Hotels
- Square Feet
- 53,273 SF
- Year Built/Renovated
- 1990/2023
- Buildings
- 2
- Stories
- 5
- Lot Size (sq. ft)
- 122,404 SF
Location Insight
- City
- Rochester
- County
- Monroe
- State
- New York
- Latitude
- 43.1651372
- Longitude
- -77.6790682
Nearby Similar for Sale
FAQs
- What type of property is this?
- Hospitality property - 86-Key Hotel, Newly Renovated, High ROI
- Where is the hospitality property located?
- The property is located at 1954 Lyell Ave Rochester, NY.
- What is the asking price?
- The asking price for this property is $6,500,000.
- What are key features of this property?
- This property features: 86-key hotel in Rochester, NY, offering significant value appreciation potential due to its robust construction.; Expansion opportunity: 20 additional keys on the rear lot allow for revenue growth.; Includes a comprehensive business plan to maximize investor returns.
- How can I contact the broker?
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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