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Sleep Inn & Suites Airport East Syracuse, NY 13057...Choice Hotels International (NYSE: CHH) is one...

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GREGG SARGENT | DIRECTOR 631-553-2917 [email protected] This listing is property of Baron Realty Group and is only intended for the current recipient. If you received this listing through an unauthorized representative, please disregard. Sleep Inn & Suites Airport East Syracuse, NY 13057 A family developed, owned and operated hotel since 2016.
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Page 1: Sleep Inn & Suites Airport East Syracuse, NY 13057...Choice Hotels International (NYSE: CHH) is one of the largest and most successful lodging companies in the world. Choice currently

GREGG SARGENT | DIRECTOR

631-553-2917

[email protected]

This listing is property of Baron Realty Group and is only intended for the current recipient. If you received this listing through an unauthorized representative, please disregard.

Sleep Inn & Suites Airport

East Syracuse, NY 13057 A family developed, owned and operated hotel since 2016.

Page 2: Sleep Inn & Suites Airport East Syracuse, NY 13057...Choice Hotels International (NYSE: CHH) is one of the largest and most successful lodging companies in the world. Choice currently

Baron Realty Group has been chosen to exclusively market for sale the Sleep Inn & Suites

located at 6344 E Molloy Road in East Syracuse conveniently located off NYS Thruway 90, US

81 and Route 481. This 3 story elevator building with 54 spacious rooms and suites was newly

developed two years ago. This full service hotel property is one mile from the Syracuse Hancock

International Airport and only minutes from downtown Syracuse, the Carrier Dome and Syracuse

University. This is a true turn-key opportunity to acquire a new hospitality asset and established

business in a stable New York market.

The hotel contains two kitchens, a restaurant with a full bar and boasts 4 banquet rooms for

business meetings, weddings and corporate events of all sizes. The large courtyard located

just outside the bar is equipped with natural gas fire pits and heat lamps providing a great

outdoor space to accommodate guests year around.

Page 3: Sleep Inn & Suites Airport East Syracuse, NY 13057...Choice Hotels International (NYSE: CHH) is one of the largest and most successful lodging companies in the world. Choice currently

6344 E Molloy Road

East Syracuse, New York 13057

Purchase Price $7,900,000

Property Improvement Plan $0

Total Investment $7,900,000

Total Number of Rooms 54

Occupancy 67.3%

Year Built 2016

Number of Stories 3

Type of Ownership Fee Simple

Financial data provided upon execution of CA from Baron Realty Group LLC.

Contact: Gregg Sargent | Director | [email protected] | 631-553-2917

Page 4: Sleep Inn & Suites Airport East Syracuse, NY 13057...Choice Hotels International (NYSE: CHH) is one of the largest and most successful lodging companies in the world. Choice currently

WELCOME TO SLEEP INN & SUITES AIRPORT

The Sleep Inn & Suites Airport Hotel | East Syracuse earned the 2018 “Ring

of Honor “ award for best in brand. Choice Hotels recognizes the top Hotels

in each brand across the country. This Hotel ranked in the top 1% nationwide

based on guest review scores for Likelihood to Recommend with a 9.6 / 10

score. (Hotel guests rank the hotel in this category on ChoiceHotels.com,

TripAdvisor.com, Booking.com, Expedia.com etc.) A distinguished honor for a

new hotel and one the family and staff are very proud of.

Page 5: Sleep Inn & Suites Airport East Syracuse, NY 13057...Choice Hotels International (NYSE: CHH) is one of the largest and most successful lodging companies in the world. Choice currently

THE FRANCHISE Choice Hotels International (NYSE: CHH) is one of the largest and most successful

lodging companies in the world. Choice currently franchises more than 6,800 hotels,

representing more than 500,000 rooms, in more than 35 countries and territories.

Ranging from limited service to full service hotels in the economy, mid-scale and

upscale segments, Choice-branded properties provide business and leisure travelers

with a range of high-quality, high-value lodging options throughout the United States

and internationally.

Sleep Inn & Suites® is a new construction hotel brand that is among the top

franchises in the midscale segment, both in construction affordability and ongoing

operating performance. Designed to stand out from the competition, the smart,

evolved proto-type is rooted in timeless nature elements and makes both guests &

owners happy.

Sleep Highlights

Signature Sleep Inn tower with distinct modern look drives guests to your door

Energy-efficient LED accent lighting in signature brand color

Modern, warm design scheme options

Smartly designed guestroom to optimize space

Signature lobby accent wall with nature elements

Open and combined lobby and public space to meet guest needs throughout the day in an effi-cient way

System Size (open or under development)

*Source: See Sleep Franchise Disclosure Document dated April 1, 2018, Item 19. For the 333 hotels included in this sample, 202 hotels

or 60.7% met or exceeded this amount. INDIVIDUAL RESULTS MAY VARY PER PROPERTY.

Page 6: Sleep Inn & Suites Airport East Syracuse, NY 13057...Choice Hotels International (NYSE: CHH) is one of the largest and most successful lodging companies in the world. Choice currently

PROPERTY OVERVIEW 54 Keys | King Rooms | Double Queen Rooms | Suites

Land 6.5 Acres | Parking Lot 2.5 Acres

Hotel | 33,000 SF

Banquet Facilities | 9,000 SF

Restaurant | 2,716 | Other 6000 SF (Kitchens, Baths, Storage)

Neighbors Include UPS, Byrne Dairy, Berkshire Bank, ServPro, US Hancock

Airforce Base 174th Attack Wing, BNY Mellon, Chase, FedEx Freight

Features and Amenities Complimentary WiFi

Complimentary Parking

Complimentary Hot Breakfast

Fitness Center

Business Center

Elevator

Complimentary Coffee/Tea

Convenience Store

Spacious Lounge

Complimentary Airport Shuttle

Interior Hallways with direct access

to Bar / Restaurant and Banquets.

Guest Room Amenities Wall Mounted Flat Screen TV’s

Keurig Coffee Makers

Iron / Ironing Board

Hair Dryer

Desk

Telephone

Whirl Pool Tubs

Daily Housekeeping

Room Service

Complimentary Bottle Water

Page 7: Sleep Inn & Suites Airport East Syracuse, NY 13057...Choice Hotels International (NYSE: CHH) is one of the largest and most successful lodging companies in the world. Choice currently

GUEST ACCOMMODATIONS

Page 8: Sleep Inn & Suites Airport East Syracuse, NY 13057...Choice Hotels International (NYSE: CHH) is one of the largest and most successful lodging companies in the world. Choice currently

AREA ATTRACTIONS

Destiny USA—Shopping Mall | 5.7 Miles

City Market—Flea & Street Market | 6 Miles

Dinosaur Bar-B-Que | 8.4 Miles

NYS Fairgrounds | 12 Miles

Carrier Dome | 8.4 Miles

Syracuse University | 8.1 Miles

Le Moyne College | 5.0 Miles

Erie Canal Museum | 7.5 Miles

Oswego State University | 37.5 Miles

Rosamond Gifford Zoo | 9.9 Miles

Onondaga Lake | 10.1 Miles

Niagara Mohawk Building | 8.3 Miles


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