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- LoopNet Team
6590 Thompson Rd
Syracuse, NY 13206
Magnuson Hotel East Syracuse · Hospitality Property For Sale
·
29,923 SF

INVESTMENT HIGHLIGHTS
- Rare opportunity to purchase a new hotel in a great location at 40% of replacement cost
- The hotel has been approved as a Quality Inn by Choice Hotels
- Exit 35 I-90 is one of the busiest interchanges on the the NY Thruway
- Seller will consider financing for qualified buyers including a lease/ purchase option
- Several branding opportunities are available in this busy market,
PROPERTY FACTS
| Property Type | Hospitality | No. Stories | 2 |
| Property Subtype | Hotel | Year Built/Renovated | 1985/2019 |
| Building Class | C | Parking Ratio | 3.34/1,000 SF |
| Lot Size | 1.11 AC | Corridor | Interior |
| Building Size | 29,923 SF | ||
| Zoning | 6 - Commercial | ||
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 1.11 AC |
| Building Size | 29,923 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2019 |
| Parking Ratio | 3.34/1,000 SF |
| Corridor | Interior |
| Zoning | 6 - Commercial |
AMENITIES
- Business Center
- Fitness Center
- High Speed Internet Access
- Meeting Event Space
- Public Access Wifi
ABOUT 6590 THOMPSON RD , SYRACUSE, NY 13206
Brand new in 2019 completely turnkey 74 room hotel with 2 apartments, fitness center and large breakfast room. This hotel was professionally renovated from the studs , including all furniture, fixtures, equipment, wall and floor treatments, plumbing, electrical and mechanicals. It is ABSOLUTELY 100 % UPGRADED !! The hotel is affiliated with Magnuson hotels on a month to month agreement. The property is eligible for several franchise opportunities, including , but not limited to brands by Wyndham, Choice hotels and others.
LINKS
PROPERTY TAXES
| Parcel Number | 312689-025-000-0002-003-003-0000 | Improvements Assessment | $1,422,600 |
| Land Assessment | $73,600 | Total Assessment | $1,496,200 |
PROPERTY TAXES
Listing ID: 17883309
Date on Market: 12/5/2019
Last Updated:
Address: 6590 Thompson Rd, Syracuse, NY 13206
The Lyncourt Hospitality Property at 6590 Thompson Rd, Syracuse, NY 13206 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
