7680 Niagara Falls Boulevard, Niagara Falls, NY 14304

$4,000,000
32,853
SqFt

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List Price
$4,000,000
Status
ACTIVE
MLS#
B1701931
Year Built
2001
Stories
2
Acres
1.94
Living Area
32,853
Subdivision
Uriah Binkley Estate
Region
Niagara Falls
Neighborhood
Uriah Binkley Estate

Property Description

Turnkey 73-Key Hotel Investment in Niagara Falls, NY. Located on one of Niagara Falls' primary commercial corridors, a turnkey hospitality investment presents an incredible opportunity to acquire a well-established, fully operational, and income producing asset in one of New York's most visited tourism destinations. Sale includes real estate, business, furnishings, fixtures, equipment, and operational assets, providing an ideal opportunity for owner-operators, hospitality investors, or 1031 exchange seeking immediate cash-flow. Set on nearly 2 acres with 70 car parks, outdoor swimming pool, guest breakfast area, onsite commercial laundry facilities, and handicap-accessible accommodations. The hotel operates under the nationally recognized Super 8 by Wyndham franchise, with ownership having completed all required brand updates and maintaining the property to franchise standards. Extensive recent capital improvements further strengthen the offering, including comprehensive interior and exterior paint, new hardwood flooring, upgraded lighting, new premium mattresses in all 73 guest rooms, updated bathroom vanities, new window treatments, refreshed bedding throughout, new in-room refrigerators, a new fire alarm system, upgraded key access system, commercial laundry equipment and Ecolab dispensing system, new housekeeping equipment, and updated administrative technology. All positioning the property for continued operations and minimizing immediate capital expenditures for its next owner. Ideally located along Niagara Falls Boulevard with excellent visibility and accessibility, the property benefits from strong year-round traffic counts and convenient access to Interstate 190, Niagara Falls State Park, Niagara Falls International Airport, major shopping destinations, restaurants, and countless attractions that continue to drive tourism to the region. Whether expanding an existing hospitality portfolio or acquiring a well-positioned owner-operated business, 7680 Niagara Falls Blvd. offers a rare opportunity to purchase a professionally maintained, turnkey hotel with established brand recognition in one of Western New York's premier travel markets.

Additional Information

Taxes
$83,796
School District
Niagara Falls
Water
Public
Sewer
Public Sewer

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Listing courtesy of Howard Hanna WNY Inc.. Contact: 716-603-2516