Attica Hospitality for Sale
PROPERTY Description:
2024 CAP rate around 15.4 %
Last 3 years average CAP rate is around 13.2 %
28 rentable rooms, with great hilltop scenic view.
Manager's apartment.
12 x 24 storage shed.
13 Single rooms with queen size beds.
15 Double Room with 2 Full size beds.
All rooms equipped with microwave, refrigerator, TV.
All rooms are ground level access (Upper-level rooms entrance is from back side, as the property sits on a hill).
New roof, new boilers in last 5 years. Lot of new upgrades in the guest rooms.
Guests like the ease and convenience of parking opposite to rooms.
This is a well-kept, a must-see rare property. Guests have rated this property above 7 out of 10 in last 4+ years.
Positive cash flow, ROC for last 3 years is 11 - 15%.
This property is now in the market after 15+ years as the owners have different interest.
No other motels in 12-mile radius.
Property is centrally located and serves two counties: Genesee County and Wyoming County.
Neighborhood stores: Tops (grocery store), Citgo Gas, Burger King, Laundromat all in walking distance.
ACE Hardware, NAPA, Attica Pharmacy, Seven Eleven, General dollar in half a mile.
Banks, Post-office, Doctors office, Elementary, Middle and High schools located in village.
Rochester Regional Health (Batavia) is 12 miles.
Many locally owned restaurants and Golf courses.
Six Flags Amusement Park (formerly Darien Lake Amusement Park) is 8 miles. Many Canadians enjoy going to concerts at Darien Lake because tickets are economically priced and ample parking is available when compared to costs in big cities.
Niagara Falls is an hour drive.
Property is located at the intersection of Rte. 98 and 238.
Rte. 20 is 4 miles. Interstate 90 is 12 miles.
Great opportunity for owner operator / first time new buyer. Stay and work on site.
New buyer (with some research) can franchise the location and cater to new demographics and increase revenue.
Present owners have no interest in franchise.
Accommodate long term and short-term guests for increased revenue.
Bring in or join Uber/Lyft service (no local cab service is available) and offer package deals: Pick-up/drop-off to Darien Lake, Airport and Greyhound with overnight stay.
We are excited to see this property go in the hands of new buyer who can take it to next level of hospitality, and it also has room to expand.
Our guests say, "Not fancy, not a Marriot but very peaceful, simple, clean, cute/boutique and chic country place with amazing view".
Please call us for any more questions. This is a direct listing by the seller. No broker fees.
