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6590 Thompson Rd
Syracuse, NY 13206 Lyncourt

Price Upon Request

Hotel For Sale  •  29,923 SF

Property Details

  • Property Type Hotel
  • Total Building Size 29,923 SF
  • Lot Size 1.11 AC
  • Building Class C
  • Year Built 1985
  • Tenancy Multiple
  • Zoning 6
0 Transit Score
29 Walk Score

Highlights

Rare opportunity to purchase a new hotel in a great location at 40% of replacement cost
Seller will consider financing for qualified buyers including a lease/ purchase option
The hotel has been approved as a Quality Inn by Choice Hotels
Several branding opportunities are available in this busy market,
Exit 35 I-90 is one of the busiest interchanges on the the NY Thruway

Financial Summary (Proforma)

Net Operating Income: $250,000 USD (2022)
Total Expenses: $400,000 USD

Major Tenants

Tenant SF Occupied Lease End Date
Howard Johnson East Syracuse 50 SF

Amenities

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi

Public Transportation

Commuter RailDriveWalkDistance
Syracuse Regional Transportation Center (Empire Service - Amtrak, Lake Shore Limited - Amtrak, Maple Leaf - Amtrak) 9 min - 5.0 mi
Syracuse (Toronto - New York - VIA Rail) 10 min - 5.0 mi
AirportDriveWalkDistance
Syracuse Hancock International 13 min - 6.4 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 100
Type: Surface
Included in Rent: Yes