200 3Rd StJamestown, NY 14701

This 62-room La Quinta Inn & Suites in Jamestown, New York, presents a compelling investment opportunity. Boasting 33,749 square feet across a three-story building on a 0.7-acre lot, this fully renovated hotel offers significant potential for return. The 2023 renovation, exceeding $2 million, modernized the infrastructure and guest experience, including 62 well-appointed guest rooms with amenities such as flat-screen HDTVs, mini-refrigerators, and microwaves. Hotel amenities include a breakfast area, indoor pool, fitness center, sundry shop, and business center. The property benefits from a convenient location, minutes from downtown attractions like the Lucille Ball Desi Arnaz Museum and the National Comedy Center, as well as Lake Erie Wine Country. With 37 parking spaces and a strong revenue stream exceeding $1.1 million annually, this hotel offers a turnkey operation. Seller financing is available. The property is zoned commercial and features an interior corridor design. No post-acquisition improvement plan (PIP) is anticipated. The property's APN is 387.40-2-45