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Investment Highlights

  • 86-room Motel 6 dual brand / Studio 6 located in Syracuse’s established Carrier Circle lodging market
  • Positioned near major Syracuse demand generators including the airport, Carrier Circle employers, business parks, logistics users, medical institution
  • Well located at busy exit 35 off the New York Thruway
  • Absentee ownership creates upside for an owner-operator to improve margins and NOI
  • Completed renovation and PIP allow new ownership to focus on revenue management, staffing, expense controls, and market penetration

Executive Summary

Hospitality Associates is pleased to exclusively present the 86-room Motel 6 / Studio 6 Syracuse, a newly renovated lodging asset located in the established Carrier Circle hospitality corridor of East Syracuse, NY. Positioned near I-90, Syracuse Hancock International Airport, and major regional demand generators, the property offers investors a renovated, PIP-completed asset with meaningful upside through hands-on ownership and operational improvement.
The property experienced revenue disruption during 2025 as renovations were completed, but early performance indicators show a strong rebound, with occupancy up approximately 106% through the first quarter compared to the prior year. With renovations and PIP work now completed, the asset is positioned to stabilize back toward historical performance levels.
Offered unencumbered by management, the hotel is especially well-suited for an owner-operator seeking to improve expense controls, capture operational efficiencies, and drive NOI growth as the Syracuse market enters a new phase of demand expansion supported by Micron, Syracuse University, regional medical institutions, airport traffic, and continued business travel.

Financial Summary (Pro Forma - 2026) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Pro Forma - 2026) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Price $6,151,230 CAD
Price Per Room $130,877 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.87 AC
Building Size 17,261 SF
No. Rooms 47
No. Stories 2
Year Built/Renovated 1985/2023
Tenancy Single
Parking Ratio 4.98/1,000 SF
Corridor Interior
Zoning 6 - Industrial zoning

Amenities

  • Public Access Wifi
  • Smoke Detector

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 47 $99.79 CAD -
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100

Property Taxes

Property Taxes

Parcel Number
312689-025-000-0003-004-000-0000
Land Assessment
$181,972 CAD (2024)
Improvements Assessment
$2,088,604 CAD (2024)
Total Assessment
$2,270,576 CAD (2024)
  • Listing ID: 40347792

  • Date on Market: 2026-04-30

  • Last Updated:

  • Address: 6577 Baptist Way, East Syracuse, NY 13057

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