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10111 Niagara Falls Blvd
Niagara Falls, NY 14304
Holiday Inn Express & Suites Niagara Falls · Hospitality Property For Sale
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55,628 SF
Investment Highlights
- Excellent value-add opportunity to purchase a strong branded limited service hotel property at a significant discount to replacement cost.
- The Holiday Inn Express & Suites is owned by a CMBS Special Servicer which foreclosed on the asset in August 2021.
- The Holiday Inn Express & Suites Niagara Falls has shown an exceptionally strong rebound since the onset of the Covid-19 pandemic.
- Located across the street from the Niagara Falls International Airport and a just a short drive from Niagara Falls State Park.
- The property is operated by a third-party management company on behalf of the servicer.
- The Niagara Falls submarket has historically benefitted from strong leisure demand and in particular, strong cross-border Canada-to-US travel.
Property Facts
| Property Type | Hospitality | Building Size | 55,628 SF |
| Property Subtype | Hotel | No. Stories | 4 |
| Building Class | B | Year Built | 2006 |
| Lot Size | 2.60 AC | Corridor | Interior |
| Zoning | C3 | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 2.60 AC |
| Building Size | 55,628 SF |
| No. Stories | 4 |
| Year Built | 2006 |
| Corridor | Interior |
| Zoning | C3 |
Amenities
- Business Center
- Fitness Center
- Pool
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
Property Taxes
| Parcel Number | 291100-146-019-0004-004-000 | Improvements Assessment | $1,977,000 |
| Land Assessment | $135,000 | Total Assessment | $2,112,000 |
Property Taxes
Parcel Number
291100-146-019-0004-004-000
Land Assessment
$135,000
Improvements Assessment
$1,977,000
Total Assessment
$2,112,000
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