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Hotel-Motel

Ascend Hotel Collection Burrstone Inn

1777 Burrstone Rd, New Hartford, NY 13413

Listing Price: $7,750,000

Cap Rate
5.60%
Number of Rooms
100
RevPAR
$59
Gross SF
48,798
Price/Room
$77,500
Price/Gross SF
$158.82
Year Built
1990

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Ascend Hotel Collection Burrstone Inn, a two-story 100-room hotel providing the culture, art and amenities that guests can expect from an authentic experience in the heart of Upstate New York. The hotel’s prime location in New Hartford and Utica helps guests create a one-of-a-kind experience with popular local attractions nearby, including Utica Zoo, Stanley Theatre, Adirondack Bank Center, Donovan Stadium at Murnane Field and Sangertown Square Mall. The hotel is within walking distance of Utica College and St. Luke’s Hospital. Downtown Utica is only three miles from the hotel offering guests countless local shops, restaurants, and community-inspired events.

Investment Highlights

  • Prime Location in New Hartford/Utica
  • Within Walking Distance of Utica College and St. Luke's Hospital
  • Downtown Utica is Just Three Miles Away from Hotel OFfering Guests Countless Local Shops, Restaurants, and Community Inspired Events

Exclusively Listed By

Hotel-Motel

Ascend Hotel Collection Burrstone Inn

Listing Price: $7,750,000

Cap Rate
5.60%
Number of Rooms
100
RevPAR
$59
Gross SF
48,798
Price/Room
$77,500
Price/Gross SF
$158.82
Year Built
1990

Investment Highlights

  • Prime Location in New Hartford/Utica
  • Within Walking Distance of Utica College and St. Luke's Hospital
  • Downtown Utica is Just Three Miles Away from Hotel OFfering Guests Countless Local Shops, Restaurants, and Community Inspired Events

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Ascend Hotel Collection Burrstone Inn, a two-story 100-room hotel providing the culture, art and amenities that guests can expect from an authentic experience in the heart of Upstate New York. The hotel’s prime location in New Hartford and Utica helps guests create a one-of-a-kind experience with popular local attractions nearby, including Utica Zoo, Stanley Theatre, Adirondack Bank Center, Donovan Stadium at Murnane Field and Sangertown Square Mall. The hotel is within walking distance of Utica College and St. Luke’s Hospital. Downtown Utica is only three miles from the hotel offering guests countless local shops, restaurants, and community-inspired events.

Exclusively Listed By

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