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This Hospitality Property is no longer advertised on LoopNet.com.

2750 South Rd
Poughkeepsie, NY 12601
Lender Owned Holiday Inn Express New York · Hospitality Property For Sale · 58,504 SF

INVESTMENT HIGHLIGHTS

  • Lender-owned sale of the fee simple interest in the 121-room Holiday Inn Express Poughkeepsie, New York.
  • Property is offered unencumbered by management and debt.
  • Substantial operational upside in transitioning the asset from lender control and third-party management.
  • Asset will be available for purchase in the November 20th auction event with Ten-X.
  • Ability to relicense the asset under the existing flag for a new long-term franchise license agreement with IHG.
  • Strategic value-add potential in completing a PIP and repositioning the asset to penetrate its competitive set better.

PROPERTY FACTS

Sale Condition Auction Sale
Type of Ownership Fee Simple
Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 3.80 AC
Building Size 58,504 SF
No. Stories 4
Year Built/Renovated 1960/2016
Tenancy Single
Parking Ratio 3.37/1,000 SF
Corridor Interior
Zoning BH - Business Highway Zoning
Parcel Number 134689-6161-03-075130-0000

AMENITIES

  • Business Center
  • Fitness Center
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free
  • Listing ID: 33330685

  • Date on Market: 9/27/2024

  • Last Updated:

  • Address: 2750 South Rd, Poughkeepsie, NY 12601

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