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111 Room Motel Henrietta OFFERS ACCEPTED NOW 4853 W Henrietta Rd 111 Room Hotel Henrietta, NY 14467 $3,396,925 CAD ($30,603 CAD/Room)
Investment Highlights
- 6.15 prime acres on busy commercial corridor of West Henrietta Road
- Great opportunities for redevelopment as hospitality and/ or retail space
- Assumable financing available
- Offered at a very attractive price of $25 k per room
- AAA location just 10 minutes from RIT and other major demand generators
- Monthly Leased restaurant on site with long term tenant, presents multiple opportunities
Executive Summary
Rare opportunity to acquire a 109 room NON PERFORMING motel at a WHOLESALE PRICE with long term leased restaurant on 6.15 acres well located in vibrant Henrietta NY at the crossroads of the NY Thruway and interstate 390 , just 10 minutes from Rochester Institute of Technology. Outstanding opportunity for redevelopment as a hotel , housing or mixed use retail. The motel can be repositioned with the requisite capital investment , there are financial incentives available from several franchises which makes this option attractive. Assumable loan .
Property Facts
Amenities
- Restaurant
- On-Site Bar
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 2 | $134.52 CAD | - |
| Guest Room | 109 | $96.47 CAD | - |
Somewhat walkable
30/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 263200-175-030-0001-007-110 | Improvements Assessment | $2,032,611 CAD |
| Land Assessment | $1,308,539 CAD | Total Assessment | $3,341,150 CAD |
Property Taxes
Parcel Number
263200-175-030-0001-007-110
Land Assessment
$1,308,539 CAD
Improvements Assessment
$2,032,611 CAD
Total Assessment
$3,341,150 CAD
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Presented by
John P Christopher
111 Room Motel Henrietta OFFERS ACCEPTED NOW | 4853 W Henrietta Rd
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