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Hotel-Motel

Motel 6 Rochester Airport

1265 Chili Ave, Rochester, NY 14624

Listing Price: $3,600,000

Cap Rate
13.82%
Number of Rooms
151
RevPAR
$1
Price/Room
$23,841
RRM
2.57
Year Built
1971

Investment Overview

Marcus & Millichap is proud to present Motel 6 Rochester - Airport. The hotel has 101 interior corridor rooms with 50 unrenovated rooms that would be perfect for a future extended stay conversion (Studio 6). The hotel is located immediately adjacent to I-390, less than two miles from Rochester’s Frederick Douglass Greater Rochester Internal airport, which serves around 2.4 million passengers annually. Downtown Rochester is less than four miles away while Rochester’s largest employer, the University or Rochester, is only two miles away and minutes away from the area’s many attractions such as the Rochester Public Market, the Rochester Institute of Technology and the Blue Cross Arena. Rochester is the third largest city in New York State and ranks highly in terms of livability and quality of life due to low cost of living, highly ranks schools and low unemployment rates.

Investment Highlights

  • 2019 Revenues $1,415,000 Approximately $454,000 Net Operating Income T-12 April 2021 Revenues $1,432,789 Approximately $497,569 Net Operating Income
  • Multiple Revenue Sources – Room Revenue, Restaurant Lease, Space Rentals, Meeting Rooms, Park & Fly, Government Contracts
  • Historically Stable Revenues and Profitability

Exclusively Listed By

Financing By

Hotel-Motel

Motel 6 Rochester Airport

Listing Price: $3,600,000

Cap Rate
13.82%
Number of Rooms
151
RevPAR
$1
Price/Room
$23,841
RRM
2.57
Year Built
1971

Investment Highlights

  • 2019 Revenues $1,415,000 Approximately $454,000 Net Operating Income T-12 April 2021 Revenues $1,432,789 Approximately $497,569 Net Operating Income
  • Multiple Revenue Sources – Room Revenue, Restaurant Lease, Space Rentals, Meeting Rooms, Park & Fly, Government Contracts
  • Historically Stable Revenues and Profitability

Investment Overview

Marcus & Millichap is proud to present Motel 6 Rochester - Airport. The hotel has 101 interior corridor rooms with 50 unrenovated rooms that would be perfect for a future extended stay conversion (Studio 6). The hotel is located immediately adjacent to I-390, less than two miles from Rochester’s Frederick Douglass Greater Rochester Internal airport, which serves around 2.4 million passengers annually. Downtown Rochester is less than four miles away while Rochester’s largest employer, the University or Rochester, is only two miles away and minutes away from the area’s many attractions such as the Rochester Public Market, the Rochester Institute of Technology and the Blue Cross Arena. Rochester is the third largest city in New York State and ranks highly in terms of livability and quality of life due to low cost of living, highly ranks schools and low unemployment rates.

Exclusively Listed By

Financing By

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