383 S Center St | Windsor Locks, CT 06096
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- LoopNet Team
383 S Center St
Windsor Locks, CT 06096
Ramada by Wyndham Hartford North / Bradley · Hospitality Property For Sale
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112,820 SF
INVESTMENT HIGHLIGHTS
- Property is being sold with a CPACE loan to be assumed by the new owner. New owner will benefit from the energy efficiency improvements financed.
- Positioned directly adjacent to Interstate 91, serviced by two rail lines, and within a ten-minute drive to Bradley International Airport.
- Currently, there is no new hotel supply under construction within a 15-mile radius.
- The renovated turnkey asset recently underwent a $7.5 million renovation allowing a new owner to drive rates.
- The hotel is offered fee simple, free and clear of any ground lease obligations, and unencumbered of management.
- Situated near a large base of corporate demand within a short commute to the Springfield, MA, metropolitan area.
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1971/2023 |
| Building Class | B | Tenancy | Single |
| Lot Size | 8.98 AC | Parking Ratio | 2.5/1,000 SF |
| Building Size | 112,820 SF | Corridor | Interior |
| Zoning | BUS1 - Business | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | B |
| Lot Size | 8.98 AC |
| Building Size | 112,820 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1971/2023 |
| Tenancy | Single |
| Parking Ratio | 2.5/1,000 SF |
| Corridor | Interior |
| Zoning | BUS1 - Business |
AMENITIES
- Balcony
- Business Center
- Fitness Center
- Pool
- Restaurant
- Shuttle Service
- High Speed Internet Access
- On-Site Bar
- Meeting Event Space
- Public Access Wifi
- Smoke-Free
PROPERTY TAXES
| Parcel Number | WINL-000057-000127-000007 | Improvements Assessment | $6,961,640 |
| Land Assessment | $880,040 | Total Assessment | $7,841,680 |
PROPERTY TAXES
Parcel Number
WINL-000057-000127-000007
Land Assessment
$880,040
Improvements Assessment
$6,961,640
Total Assessment
$7,841,680
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