Investment Overview

As the exclusive representative of the seller, Marcus & Millichap's Hospitality Division is pleased to present for sale to qualified investors the Courtyard Ithaca Airport/University (‘Hotel’ or ‘Property’) located in Ithaca, New York. The Marriott International- branded Hotel is offered on a “call for offers” basis. Please reach out to the listing agent for more information. The Property is encumbered by a land lease. The Courtyard Ithaca Airport/University is a 107-room, four-story Hotel located at 29 Thornwood Dr., Ithaca, New York. The Property is located just off NY 13 and is less than a mile from Ithaca Tompkins International Airport. Various common area amenities at the Property include an indoor pool, fitness center, business Center, on-site bistro, market, and meeting space. Ithaca, New York, epitomizes a harmonious blend of academic prowess, natural beauty, and lively community spirit, easily accessible via Ithaca Tompkins International Airport. Renowned for its prestigious educational institutions, including Cornell University and Ithaca College, the city exudes an intellectual vibrancy that permeates its streets. Yet, beyond academia, Ithaca captivates with its stunning natural landscapes, from the breathtaking gorges of nearby state parks to the serene shores of Cayuga Lake. Outdoor enthusiasts revel in opportunities for hiking, kayaking, and exploring the region's picturesque surroundings. Meanwhile, Ithaca's vibrant community life shines through its bustling farmers' markets, eclectic arts scene, and thriving local businesses. Visitors and residents alike can savor the region's culinary delights, from farm-to-table cuisine to the renowned wines of Finger Lakes Wine Country. In essence, Ithaca offers a multifaceted tapestry of experiences, ensuring a warm and enriching environment for all who are drawn to its charms. Conveniently situated near the hotel, a variety of local attractions await exploration. Tompkins International Airport provides easy access for travelers coming and going. Nearby Cornell University offers opportunities for academic and cultural experiences. The Shops at Ithaca Mall cater to those in need of retail therapy, while Downtown Ithaca Commons offers a vibrant atmosphere for dining and leisurely walks. Nature lovers can explore Finger Lakes Wine Country or visit Buttermilk Falls State Park for outdoor activities. Cultural enthusiasts can immerse themselves in the artistic offerings of the Hebert F. Johnson Museum of Art or learn about Earth's history at the Museum of Earth. Families can enjoy the whimsical delights of the Ithaca Children’s Garden. With such diverse options, guests are sure to find activities to enjoy during their stay.