For Sale
Call for price

2260 Whitney AveHamden, CT 06518

103-Room Hotel, High NOI, Great Location

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional 103-room Clarion Hotel & Suites in Hamden, Connecticut presents a compelling investment opportunity. Strategically located off Route 15 near I-91, this property benefits from strong demand generators, including a robust corporate and leisure travel market, and proximity to several prestigious universities such as Yale and Quinnipiac. Built in 1960 and renovated in 2015, the hotel boasts 65,000 square feet across three, two-story buildings situated on a 2.64-acre lot. Amenities include a breakfast area, fitness center, indoor pool, ample meeting space, business center, spacious lounge, and inviting lobby. Guest rooms and suites feature modern conveniences like mini-refrigerators, microwaves, and flat-screen TVs

Highlights

  • 103 guest rooms & suites with interior corridor
  • Annual revenue exceeding $2M
  • Adjusted NOI over $600K
  • $3M assumable mortgage at 5% interest
  • 30-minute drive to Hartford
  • Sale includes adjacent leased restaurant adding over $100K to net operating income

Property Details for 2260 Whitney Ave

Property type
Hospitality properties, Hotels
Square Feet
65,000 SF
Year Built/Renovated
1960/2015
Buildings
3
Stories
2
Lot Size (sq. ft)
114,998 SF

Location Insight

City
Hamden
County
New Haven
State
Connecticut
Latitude
41.3799616
Longitude
-72.9034798
2260 Whitney Ave, Hamden, Connecticut

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2260 Whitney Ave
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