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Super 8
Price:
$5,485,000
$5,250,000
[Currently Under Contract]
Address :
1000 Lehigh Station Rd
Rochester/Henrietta, NY 14467
300 yards from exit ramp of first Rochester exit off I-90/I-390
Only hotel visible from first Rochester exit off I-90/I-390
2 story interior corridor design
Priced well below replacement cost at $45,331 per unit
Positioned minutes from multiple demand generators including Rochester Institute of Technology, University of Rochester, Downtown Rochester, Delphi Automotive Systems, Wegmans’ Headquarters, and new regional VA outpatient center (under construction).
Stable revenue and profitability trends
Location/Market
Physical Plant
Financials
Rochester is the third largest city in New York State.
Leading center of innovation in Upstate New York.
300 yards from exit ramp of first Rochester exit off I-90/I-390
Only hotel visible from first Rochester exit off I-90/I-390
19 colleges and universities, with more than 85,000 students, in Greater Rochester, NY region
Less than 2 Miles to Rochester VA Community Clinic
Close to Regional Demand Generators:
2.4 Miles to Delphi Automotive Systems
3.0 Miles to Rochester Institute of Technology
5.0 Miles to University of Rochester
5.6 Miles to University of Rochester Medical Center
8 Miles to Wegmans Headquarters
9.2 Miles to Eastman Museum, Mansion & Gardens
10 Miles to St. John Fisher College (Pittsford), home to summer training camp for the Buffalo Bills
2-Story Building
Interior Corridors
Masonry Construction
Vinyl Siding & Brick Facade
Asphalt Shingle Roof
Asphalt Parking Lot
Complimentary Breakfast Room (Seats 24)
Meeting Space (Seats 35)
Business Center
Guest Laundry
Wireless Internet
Built 1985
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Financials
2016
2017
2018
T-12Mos 2/19
Occupancy
63.89%
62.53%
63.57%
61.25%
Average Daily Rate
$57.29
$58.78
$58.19
$58.25
Room Revenue
$1,621,095
$1,623,259
$1,588,417
$1,575,686
Net Operating Income
$435,813
$460,689
$396,217
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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