Overview
Description
Albany Plaza: +/-115,305 SF, 215-key economy hotel on +/-5.40 acres directly off I-90 (Everett Rd Exit 5) with 90,124 AADT and exceptional visibility. 9-story, fully sprinklered asset with 2 elevators and 300 parking spaces. Built 1972, renovated 2016. Features full-service restaurant & bar, 10,000+ SF meeting/event space, indoor & outdoor pools. Zoned MU-CH (Community Highway) offering significant repositioning or redevelopment potential. Former Ramada, now independently operated, non-union. Rare value-add hospitality opportunity offered at $8,000,000 ($69.38 PSF / $37,209 per key).
Property Id: 501044
Price: $ 8,000,000
Property Size: 115,304 ft2
Property Lot Size: 5 ft2
Listing Agent Email: amber@carrowrealestateservices.com
Listing Agent: Amber Hensley
Listing Agent Phone: 518-788-7206
Listing Office: Carrow Real Estate Services LLC
Other Features
Has Cooling System
Has Heating System
$ 41,017.58
per month
- Principal and Interest
- Property Tax
- HOA fee
$ 31,017.58
Tue
26
May
Wed
27
May
Thu
28
May
Fri
29
May
Sat
30
May
Sun
31
May
Mon
01
Jun
Tue
02
Jun
Wed
03
Jun
Thu
04
Jun