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Arnot Grand Hotel & Suites 35 Arnot Rd 119 Room Hotel Horseheads, NY 14845 $7,399,900 ($62,184/Room)
Executive Summary
**** THIS PROPERTY IS CLOSED/ NOT OPERATING. PROPERTY IS FRANCHISE FREE****
Located at 35 Arnot Rd, Horseheads NY 14845, the Hilton Garden Inn Elmira Corning is a lucrative investment opportunity. Boasting 119 rooms on a spacious 3.33-acre land, this property offers a prime hospitality experience. Built in 2000 and renovated in 2005, the hotel features four stories and a favorable parking ratio of 0.84 per room, catering to both guests and visitors. With a charming location near Elmira and Corning, the hotel attracts a wide range of clientele. The financials present an attractive offer at $$ 7,399,900.00, making it an enticing prospect for investors. The surrounding demographics showcase a promising future with projected growth in population and income over the coming years. The Hilton Garden Inn Elmira Corning is a well-established property with immense potential and is ready for the next chapter in its successful story. Secure this prime hospitality asset today and unlock its full investment potential.
Located at 35 Arnot Rd, Horseheads NY 14845, the Hilton Garden Inn Elmira Corning is a lucrative investment opportunity. Boasting 119 rooms on a spacious 3.33-acre land, this property offers a prime hospitality experience. Built in 2000 and renovated in 2005, the hotel features four stories and a favorable parking ratio of 0.84 per room, catering to both guests and visitors. With a charming location near Elmira and Corning, the hotel attracts a wide range of clientele. The financials present an attractive offer at $$ 7,399,900.00, making it an enticing prospect for investors. The surrounding demographics showcase a promising future with projected growth in population and income over the coming years. The Hilton Garden Inn Elmira Corning is a well-established property with immense potential and is ready for the next chapter in its successful story. Secure this prime hospitality asset today and unlock its full investment potential.
Property Facts In Escrow
| Price | $7,399,900 | Building Size | 64,782 SF |
| Price Per Room | $62,184 | No. Rooms | 119 |
| Sale Type | Investment | No. Stories | 4 |
| Property Type | Hospitality | Year Built/Renovated | 2000/2014 |
| Property Subtype | Hotel | Parking Ratio | 1.37/1,000 SF |
| Building Class | B | Corridor | Interior |
| Lot Size | 3.29 AC | ||
| Zoning | 05 | ||
| Price | $7,399,900 |
| Price Per Room | $62,184 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 3.29 AC |
| Building Size | 64,782 SF |
| No. Rooms | 119 |
| No. Stories | 4 |
| Year Built/Renovated | 2000/2014 |
| Parking Ratio | 1.37/1,000 SF |
| Corridor | Interior |
| Zoning | 05 |
Amenities
- Business Center
- Fitness Center
- High Speed Internet Access
- Public Access Wifi
- Smoke-Free
- Hot Tub
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 7 | $249.00 | - |
| Guest Room | 112 | $209.00 | - |
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 072400-058-001-0001-062-002-0000 | Improvements Assessment | $4,297,900 |
| Land Assessment | $994,100 | Total Assessment | $5,292,000 |
Property Taxes
Parcel Number
072400-058-001-0001-062-002-0000
Land Assessment
$994,100
Improvements Assessment
$4,297,900
Total Assessment
$5,292,000
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Arnot Grand Hotel & Suites | 35 Arnot Rd