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

8 California Ave
Colonie, NY 12205
 SpringHill Suites Albany-Colonie · Hospitality Property For Sale · 68,995 SF

Hotels New York Colonie 8 California Ave, Colonie, NY 12205

INVESTMENT HIGHLIGHTS

  • Fee simple interest in the 119-room Springhill Suites Albany/Colonie, which is offered at a substantial discount to replacement cost.
  • The property is being offered unencumbered of debt and management, offering a new investor financial and operational flexibility.
  • Newer vintage Springhill (2008) that has recently completed significant public space renovations.
  • Well-located within the submarket, in excellent proximity to many area businesses, restaurants, and retail.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class A
Lot Size 3.30 AC
Building Size 68,995 SF
No. Stories 4
Year Built 2005
Tenancy Single
Parking Ratio 1.57/1,000 SF
Corridor Interior
Zoning 12 - General Commercial

AMENITIES

  • Business Center
  • Fitness Center
  • Pool
  • High Speed Internet Access
  • Meeting Event Space
  • Public Access Wifi
  • Fully-Equipped Kitchen
  • Digital key

LINKS

PROPERTY TAXES

Parcel Number 012689-042-003-0002-033-022-0000 Improvements Assessment $3,500,000
Land Assessment $500,000 Total Assessment $4,000,000
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  • Listing ID: 21371948

  • Date on Market: 10/30/2020

  • Last Updated:

  • Address: 8 California Ave, Colonie, NY 12205

More public record information on 8 California Ave, Colonie, NY 12205

The Hospitality Property at 8 California Ave, Colonie, NY 12205 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.

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