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Hotel-Motel

Former Comfort Suites Lake George

1533 U.S. 9, Lake George, NY 12845

Listing Price: Request For Offer

Number of Rooms
98
RevPAR
$77
Gross SF
69,646
Year Built
2006

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Former Comfort Suites Lake George, a four-story, 98-room, limited-service hotel centrally located near the southern end of Lake George. The Lake George area is a popular tourist destination known for its draw as a scenic, all-season destination and activity center. Located in Warren County, the site is on the northern end of New York’s Capital Region and the gateway to the scenic Adirondack Mountains. The site is adjacent to Interstate 87 and minutes from the on-and-off ramps along Route 9. Closed since 2019, a new owner will have the ability to bringing the hotel back into operation by choosing their desired branding upon completion of the required Property Improvement Plan. The Former Comfort Suites Lake George presents investors with fee simple interest and an exceptional opportunity to purchase a well-maintained hospitality asset well below replacement cost. Historic operating documentation and third party reports may be found in the online document data portal.

Investment Highlights

  • The former Comfort Suites Lake George is a 98-key, limited-service hotel centrally located near the southern end of Lake George
  • Lender-Owned Value Add
  • Closed since 2019 - A new owner will have the ability to choose their desired branding upon completion of the required Property Improvement Plan
  • The Lake George area is a popular tourist destination known for its draw as a scenic, all-season destination and activity center

Exclusively Listed By

Financing By

  • Jordan Ray

    Senior Managing Director Capital Markets

    Direct:

    Email Jordan

    License(s): CA: 02135495

    West Los Angeles, CA

Hotel-Motel

Former Comfort Suites Lake George

Listing Price: Request For Offer

Number of Rooms
98
RevPAR
$77
Gross SF
69,646
Year Built
2006

Investment Highlights

  • The former Comfort Suites Lake George is a 98-key, limited-service hotel centrally located near the southern end of Lake George
  • Lender-Owned Value Add
  • Closed since 2019 - A new owner will have the ability to choose their desired branding upon completion of the required Property Improvement Plan
  • The Lake George area is a popular tourist destination known for its draw as a scenic, all-season destination and activity center

Investment Overview

Marcus & Millichap has been chosen to exclusively market for sale the Former Comfort Suites Lake George, a four-story, 98-room, limited-service hotel centrally located near the southern end of Lake George. The Lake George area is a popular tourist destination known for its draw as a scenic, all-season destination and activity center. Located in Warren County, the site is on the northern end of New York’s Capital Region and the gateway to the scenic Adirondack Mountains. The site is adjacent to Interstate 87 and minutes from the on-and-off ramps along Route 9. Closed since 2019, a new owner will have the ability to bringing the hotel back into operation by choosing their desired branding upon completion of the required Property Improvement Plan. The Former Comfort Suites Lake George presents investors with fee simple interest and an exceptional opportunity to purchase a well-maintained hospitality asset well below replacement cost. Historic operating documentation and third party reports may be found in the online document data portal.

Exclusively Listed By

Financing By

  • Jordan Ray

    Senior Managing Director Capital Markets

    Direct:

    Email Jordan

    License(s): CA: 02135495

    West Los Angeles, CA

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