61-Room Hotel with Spark
For Sale
Contact for pricing
5828 Cascade Rd, Lake Placid, NY 12946
The hotel is identified for conversion to a Spark by Hilton property.
Property SizeContact for details
Days on Market142
Property Features for 5828 Cascade Rd
General Information
Standard status
Active
Property subtype
Hospitality
Listing Agency:
JLL - Washington, D.C.
(202) 719-5000
Listed By:
Ketan Patel · License #VA 0225105721
Source:
Crexi
Added: Apr 13
Changed: Aug 31
Last Checked: Aug 29 at 10:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of JLL - Washington, D.C.
Investment Insights
Based on property information with market context.
The fee-simple property is an existing 61-room hotel operating as a Rodeway Inn in Lake Placid, New York. The offering includes the hotel real estate and presents a proposed conversion path to a Spark by Hilton property.
The property is located within Lake Placid, a two-time Olympic host city in New York’s Adirondack Park. Its described setting places it between the Lake Placid Airport and Olympic Training Facilities to the south and Mirror Lake and the Olympic Museum to the north. The hotel is also identified as the second Hilton product in the market, alongside the Hampton Inn.
The property is located within Lake Placid, a two-time Olympic host city in New York’s Adirondack Park. Its described setting places it between the Lake Placid Airport and Olympic Training Facilities to the south and Mirror Lake and the Olympic Museum to the north. The hotel is also identified as the second Hilton product in the market, alongside the Hampton Inn.
Key Highlights
- 61‑room hotel in Lake Placid, NY
- Fee‑simple interest in the hotel property
- Existing Rodeway Inn operation
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
184
Businesses Nearby
Explore this area
Business Placement
Demographics for 12946, NY
5,217
Population
3,923
Households
1.3
Avg Household Size
46
Median Age
46%
College-Educated
94%
High-School Grad
137.2 sq mi
ZIP Area
38
Density / Sq Mi
$78,261
Median Household Income
$38,845
Median Earnings
$982
Median Rent
$443,800
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Hotel - The hotel is identified for conversion to a Spark by Hilton property.
Where is this hotel located?
The property is located at 5828 Cascade Rd Lake Placid, NY.
What are key features of this property?
This property features: 61‑room hotel in Lake Placid, NY; Fee‑simple interest in the hotel property; Existing Rodeway Inn operation
