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Burrstone Inn, Ascend Hotel Collection 1777 Burrstone Rd 100 Pièce Hôtel New Hartford, NY 13413 13 080 454 $ CAD (130 805 $ CAD/Pièce) 10,53% Taux de capitalisation



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FAITS SAILLANTS DE L'INVESTISSEMENT
- Located in the DiMeo-Ford Business Park near major corporate demand drivers.
- Year-round demand is supported by a balanced mix of corporate, healthcare, and university-related business.
- Brand opportunities with key money available
- Stabilized asset with YOY growth
- 5 minutes from Utica University
RÉSUMÉ DE L'ANNONCE
Hospitality Associates is proud to exclusively present the 100-key Burrstone Inn, part of the Ascend Hotel Collection
by Choice Hotels. Strategically located in the DiMeo Ford Business Park, just minutes from Utica University, St. Luke’s
Hospital, and major corporate demand generators, this full-service hotel offers strong in-place operations and
attractive long-term fundamentals.
Originally constructed in 1990 as a Holiday Inn, the Burrstone was designed as a two-story property in accordance
with business park restrictions, yet still features an elevator for guest convenience. The property underwent a
comprehensive renovation in 2020, including updated guestrooms, refreshed public areas, and improved amenities.
The Burrstone Inn features an on-site restaurant and lounge, generating significant ancillary revenue and enhancing
the guest experience. For the trailing twelve months ending July 2025, the property produced $3.58 million in total
revenue, including $3.03 million in room revenue and $518K in food & beverage sales.
The property also carries a brand window in 2026, providing flexibility for a new owner and potential access to key
money from Choice Hotels. With renovations completed in 2020 and stable operations in place, no major capital
expenditures are anticipated in the near term.
Year-round demand is supported by a balanced mix of corporate, healthcare, and university-related business. Utica
University, SUNY Polytechnic, and local athletic programs drive group and leisure stays, while regional employers and
hospitals provide steady corporate and extended-stay demand.
The Burrstone Inn will be delivered unencumbered by management, offering an investor immediate operational
control. With a proven operating history, diversified demand base, and strong revenue performance, the Burrstone
represents a compelling investment opportunity in an established and resilient market.
by Choice Hotels. Strategically located in the DiMeo Ford Business Park, just minutes from Utica University, St. Luke’s
Hospital, and major corporate demand generators, this full-service hotel offers strong in-place operations and
attractive long-term fundamentals.
Originally constructed in 1990 as a Holiday Inn, the Burrstone was designed as a two-story property in accordance
with business park restrictions, yet still features an elevator for guest convenience. The property underwent a
comprehensive renovation in 2020, including updated guestrooms, refreshed public areas, and improved amenities.
The Burrstone Inn features an on-site restaurant and lounge, generating significant ancillary revenue and enhancing
the guest experience. For the trailing twelve months ending July 2025, the property produced $3.58 million in total
revenue, including $3.03 million in room revenue and $518K in food & beverage sales.
The property also carries a brand window in 2026, providing flexibility for a new owner and potential access to key
money from Choice Hotels. With renovations completed in 2020 and stable operations in place, no major capital
expenditures are anticipated in the near term.
Year-round demand is supported by a balanced mix of corporate, healthcare, and university-related business. Utica
University, SUNY Polytechnic, and local athletic programs drive group and leisure stays, while regional employers and
hospitals provide steady corporate and extended-stay demand.
The Burrstone Inn will be delivered unencumbered by management, offering an investor immediate operational
control. With a proven operating history, diversified demand base, and strong revenue performance, the Burrstone
represents a compelling investment opportunity in an established and resilient market.
BILAN FINANCIER (RÉEL - 2025) Cliquez ici pour accéder à |
ANNUEL (CAD) | ANNUEL PAR pi² (CAD) |
|---|---|---|
| Revenu de location brut |
-
|
-
|
| Autres revenus |
-
|
-
|
| Perte due à l’inoccupation |
-
|
-
|
| Revenu brut effectif |
-
|
-
|
| Revenu net d’exploitation |
$99,999
|
$9.99
|
BILAN FINANCIER (RÉEL - 2025) Cliquez ici pour accéder à
| Revenu de location brut (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Autres revenus (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Perte due à l’inoccupation (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Revenu brut effectif (CAD) | |
|---|---|
| Annuel | - |
| Annuel par pi² | - |
| Revenu net d’exploitation (CAD) | |
|---|---|
| Annuel | $99,999 |
| Annuel par pi² | $9.99 |
FAITS SUR LA PROPRIÉTÉ
| Prix | 13 080 454 $ CAD | Taille du lot | 5,60 AC |
| Prix par chambre | 130 805 $ CAD | Taille du bâtiment | 69 150 pi² |
| Type de vente | Investissement | Nombre de pièces | 100 |
| Taux de capitalisation | 10,53% | Nombre d’étages | 2 |
| Type de propriété | Services hôteliers | Année de construction/rénovation | 1990/2020 |
| Sous-type de propriété | Hôtel | Ratio de stationnement | 3,25/1 000 pi² |
| Classe d’immeuble | B | Corridor | Intérieur |
| Zonage | C-Utica | ||
| Prix | 13 080 454 $ CAD |
| Prix par chambre | 130 805 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 10,53% |
| Type de propriété | Services hôteliers |
| Sous-type de propriété | Hôtel |
| Classe d’immeuble | B |
| Taille du lot | 5,60 AC |
| Taille du bâtiment | 69 150 pi² |
| Nombre de pièces | 100 |
| Nombre d’étages | 2 |
| Année de construction/rénovation | 1990/2020 |
| Ratio de stationnement | 3,25/1 000 pi² |
| Corridor | Intérieur |
| Zonage | C-Utica |
COMMODITÉS
- Centre d’affaires
- Centre de conditionnement physique
- Piscine
- Restaurant
- Service aux chambres
- Accès Internet à haute vitesse
- Patio
- Bar sur place
- Boutique/hôtel mode de vie
- Espaces de réunion
- Accès Wi-Fi public
- Sans fumée
PIÈCE RENSEIGNEMENTS SUR LE MÉLANGE
| DESCRIPTION | NOMBRE DE PIÈCES | TAUX QUOTIDIEN | pi² |
|---|---|---|---|
| Suite | 4 | 521,84 $ CAD | - |
| Guest Room | 96 | 494,30 $ CAD | - |
1 1
Impôts fonciers
| Numéro de lot | 317-019-0001-010-000-0000 | Évaluation des bâtiments | 1 564 147 $ CAD (2024) |
| Évaluation du terrain | 693 953 $ CAD (2024) | Évaluation totale | 2 258 100 $ CAD (2024) |
Impôts fonciers
Numéro de lot
317-019-0001-010-000-0000
Évaluation du terrain
693 953 $ CAD (2024)
Évaluation des bâtiments
1 564 147 $ CAD (2024)
Évaluation totale
2 258 100 $ CAD (2024)
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Présenté par
John P Christopher
Burrstone Inn, Ascend Hotel Collection | 1777 Burrstone Rd
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