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6577 Baptist Way
East Syracuse, NY 13057
Motel 6 / Studio 6 Suites · Services hôteliers Propriété À vendre
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Faits saillants de l'investissement
- 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
Résumé de l'annonce
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
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
Faits sur la propriété
| Prix/pi² | 179,23 $ CAD / pi² | Individuellement en vente | 0 |
| Type de vente | Investissement | Taille totale du bâtiment | 34 522 pi² |
| Statut | Actif | Superficie totale du terrain | 3,74 AC |
| Nombre de propriétés | 2 |
| Prix/pi² | 179,23 $ CAD / pi² |
| Type de vente | Investissement |
| Statut | Actif |
| Nombre de propriétés | 2 |
| Individuellement en vente | 0 |
| Taille totale du bâtiment | 34 522 pi² |
| Superficie totale du terrain | 3,74 AC |
Propriétés
| Nom de la propriété/adresse | Type de propriété | Taille | Année de construction | Prix individuel |
|---|---|---|---|---|
|
Motel 6 East Syracuse, NY - Airport
6577 Baptist Way, East Syracuse, NY 13057 |
Services hôteliers | 17 261 pi² | 1985 | - |
|
Studio 6 Suites – East Syracuse, NY - Airport
6577 Baptist Way, East Syracuse, NY 13057 |
Services hôteliers | 17 261 pi² | 1985 | - |
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