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Comfort Inn
Price:
$5,100,000
Address :
1501 W Ridge Rd
Rochester, NY 14615
Desirable franchise and market location
Available at discount to replacement costs
Upside potential through hands-on management
Consistent revenue performer
Proximate to numerous, diverse demand generators
Significant investments being made within the market
In Cooperation with MBA Hotel Brokers, A Pennsylvania Licensed Broker
Location/Market
Physical Plant
Financials
New York’s 3rd Largest MSA, the Rochester MSA is home to ±1,076,500 people
Convenient to both Canal Ponds Business Park and Eastland (formerly Kodak) Business Park
10 Minutes to Greater Rochester International Airport
Close to Regional Demand Generators:
1.6 Miles to The Mall at Greece Ridge
3.2 Miles to Unity Hospital
3.4 Miles to Seneca Park Zoo
7.2 Miles George Eastman Museum
8.4 Miles to University of Rochester
8.9 Miles to Braddock Bay Park
9.4 Miles to Westpoint Marina and Harbor on Braddock Bay
9.9 Miles to Rochester Institute of Technology
82 Rooms
5 Stories
Interior Corridors
Concrete Construction
Flat, Built-Up Roof
Asphalt Parking Lot with Space for Oversized Vehicles
Complimentary Grab and Go Breakfast (Seats ±30 People)
Business Center
Fitness Center (±5 People)
Wireless Internet
±1.59 Acres
Built 1986
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Financials
2017
2018
2019
T-12Mos 6/20
Occupancy
58.51%
52.22%
60.29%
59.88%
Average Daily Rate
$85.00
$79.44
$75.23
$70.88
RevPar
$47.60
$41.49
$45.35
$42.44
Room Revenue
$1,411,278
$1,226,512
$1,340,807
$1,258,228
Net Operating Income
$453,276
$243,885
$446,540
N/A
This is a confidential offering intended for the recipient's use in determining the advisability of negotiating for purchase. Do NOT Contact the Property Directly! All Showings by Appointment Only!
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