GREGG SARGENT | DIRECTOR
631-553-2917
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.
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.
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
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.
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.
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
GUEST ACCOMMODATIONS
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