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Hotel-Motel

Comfort Inn Latham Albany North Cohoes

981 Loudon Rd, Cohoes, NY 12047

Listing Price: $6,550,000

Cap Rate
3.80%
Number of Rooms
125
Gross SF
257,004
Price/Room
$52,400
Price/Gross SF
$25.49
Year Built
1990

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Comfort Inn Latham Albany North Cohoes, a four-story 125-room hotel located on Route 9 near the junction of Interstate 87 and Route 7. The hotel is just minutes away from downtown Albany and the Albany International Airport. Hotel amenities include: complimentary wifi, indoor pool, business center, meeting room, elevators, and complimentary breakfast. Guest rooms feature a televison, microwave, coffee maker, and desk.

Investment Highlights

  • MAJOR DEMAND GENERATORS: SIENA COLLEGE, SUNY ALBANY, ALBANY MEDICAL CENTER, SUNY POLYTECHNIC INSTITUTE, THE EGG, SARATOGA RACE COURSE, NEW YORK STATE CAPITOL
  • ACCESSIBILITY: ROUTE 9 NEAR THE JUNCTION OF I-87 AND ROUTE 7
  • FEE SIMPLE
  • CENTRAL LOCATION BETWEEN ALBANY, SARATOGA, TROY, AND SCHENECTADY
  • LOT SIZE: 5.90 ACRES
  • SIX MILES FROM ALBANY INTERNATIONAL AIRPORT

Exclusively Listed By

Hotel-Motel

Comfort Inn Latham Albany North Cohoes

Listing Price: $6,550,000

Cap Rate
3.80%
Number of Rooms
125
Gross SF
257,004
Price/Room
$52,400
Price/Gross SF
$25.49
Year Built
1990

Investment Highlights

  • MAJOR DEMAND GENERATORS: SIENA COLLEGE, SUNY ALBANY, ALBANY MEDICAL CENTER, SUNY POLYTECHNIC INSTITUTE, THE EGG, SARATOGA RACE COURSE, NEW YORK STATE CAPITOL
  • ACCESSIBILITY: ROUTE 9 NEAR THE JUNCTION OF I-87 AND ROUTE 7
  • FEE SIMPLE
  • CENTRAL LOCATION BETWEEN ALBANY, SARATOGA, TROY, AND SCHENECTADY
  • LOT SIZE: 5.90 ACRES
  • SIX MILES FROM ALBANY INTERNATIONAL AIRPORT

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Comfort Inn Latham Albany North Cohoes, a four-story 125-room hotel located on Route 9 near the junction of Interstate 87 and Route 7. The hotel is just minutes away from downtown Albany and the Albany International Airport. Hotel amenities include: complimentary wifi, indoor pool, business center, meeting room, elevators, and complimentary breakfast. Guest rooms feature a televison, microwave, coffee maker, and desk.

Exclusively Listed By

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