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- LoopNet Team
1030 Arsenal St
Watertown, NY 13601
Adirondack Efficiencies · Hospitality Property For Sale
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105 Rooms
Property Facts
Amenities
- Business Center
- Pool
- Restaurant
About 1030 ARSENAL ST , WATERTOWN, NY 13601
This is ombo of two hotels for sale one independent and one Franchise. Franchise is Econo Lodge is interior corridor with indoor swimming pool and other one Adirondack Efficiencies for extended stay guest. Properties are six miles from Watertown Intl National Airport and proximity to Kingston (Canada), Ottawa (Canada), Syracuse etc. Both the hotels are offered as a package price of 1,900,000 at a high CAP rate of 12%. hard find this high CAP Rate. Current owners for last many years. Data for ADR, Occupancy, REVPAR are averaged between the two hotels.
Property Taxes
| Parcel Number | 221800-008-000-0047-101-003-0000 | Improvements Assessment | $550,000 |
| Land Assessment | $750,000 | Total Assessment | $1,300,000 |
Property Taxes
