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Quality Inn Suites 240 Rainbow Blvd 210 Room Hotel Niagara Falls, NY 14303 $29,448,764 CAD ($140,232 CAD/Room)
Investment Highlights
- Located across the street from Niagara Falls
- Cash flowing
- Indoor Pool and Spa
- Walking distance to all shops and restaurants
- Heavy Foot Traffic
- Onsite Restaurant and Bar
Executive Summary
Located in the heart of Niagara Falls, the Quality Inn & Suites offers an exceptional investment opportunity with huge potential for growth. Situated just steps from Niagara Falls State Park and Old Falls Street, this hotel is perfectly positioned to attract both tourists and business travelers year-round.
Prime Location
With its close proximity to major attractions like the Niagara Falls Culinary Institute and Conference Center Niagara Falls, the hotel enjoys high visibility and constant foot traffic. This prime location ensures a steady stream of guests throughout all seasons.
Upside Potential
The hotel features 210 modern guestrooms and an on-site Papa John’s pizza, providing additional revenue streams. With event spaces and a 24-hour business center, the hotel is well-equipped for business and corporate events. There’s significant potential to increase revenue by expanding event services or enhancing dining options.
On-Site Amenities
Guests can relax in the indoor pool and spa tub, enjoy a daily complimentary breakfast, and unwind at the bar/lounge. With concierge services and gift shops, the hotel provides a full-service experience, ensuring guest satisfaction and repeat business.
The Investment Edge
This hotel offers a strong foundation, a prime location, and opportunities for growth. With some strategic improvements, such as expanding dining options or enhancing event facilities, the property can significantly increase its revenue and occupancy rates.
Don’t miss your chance to invest in Niagara Falls’ thriving tourism market—this property is ready for growth!
Prime Location
With its close proximity to major attractions like the Niagara Falls Culinary Institute and Conference Center Niagara Falls, the hotel enjoys high visibility and constant foot traffic. This prime location ensures a steady stream of guests throughout all seasons.
Upside Potential
The hotel features 210 modern guestrooms and an on-site Papa John’s pizza, providing additional revenue streams. With event spaces and a 24-hour business center, the hotel is well-equipped for business and corporate events. There’s significant potential to increase revenue by expanding event services or enhancing dining options.
On-Site Amenities
Guests can relax in the indoor pool and spa tub, enjoy a daily complimentary breakfast, and unwind at the bar/lounge. With concierge services and gift shops, the hotel provides a full-service experience, ensuring guest satisfaction and repeat business.
The Investment Edge
This hotel offers a strong foundation, a prime location, and opportunities for growth. With some strategic improvements, such as expanding dining options or enhancing event facilities, the property can significantly increase its revenue and occupancy rates.
Don’t miss your chance to invest in Niagara Falls’ thriving tourism market—this property is ready for growth!
Property Facts
| Price | $29,448,764 CAD | Building Size | 88,556 SF |
| Price Per Room | $140,232 CAD | No. Rooms | 210 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 1986/2010 |
| Property Subtype | Hotel | Parking Ratio | 0.46/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 1.52 AC | Opportunity Zone |
Yes
|
| Zoning | D1-B D1-B - Mixed-use development with residential, commercial, and office uses. | ||
| Price | $29,448,764 CAD |
| Price Per Room | $140,232 CAD |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.52 AC |
| Building Size | 88,556 SF |
| No. Rooms | 210 |
| No. Stories | 4 |
| Year Built/Renovated | 1986/2010 |
| Parking Ratio | 0.46/1,000 SF |
| Corridor | Interior |
| Opportunity Zone |
Yes |
| Zoning | D1-B D1-B - Mixed-use development with residential, commercial, and office uses. |
Amenities
- Business Center
- Fitness Center
- Pool
- Restaurant
- Room Service
- On-Site Retail
- High Speed Internet Access
- On-Site Bar
- Indoor Pool
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
- Hot Tub
- Smoke Detector
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 35 | $387.63 CAD | - |
| Guest Room | 175 | $341.06 CAD | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 291100-158-012-0001-016-000 | Improvements Assessment | $4,827,887 CAD |
| Land Assessment | $460,229 CAD | Total Assessment | $5,288,116 CAD |
Property Taxes
Parcel Number
291100-158-012-0001-016-000
Land Assessment
$460,229 CAD
Improvements Assessment
$4,827,887 CAD
Total Assessment
$5,288,116 CAD
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Quality Inn Suites | 240 Rainbow Blvd
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