Motel with Manager’s
6460 Sonyea Road, Mount Morris, NY 14510
For Sale
$899,900
The offering includes motel operating assets and a separate residence with office space.
Property Size5,804 SF
Days on Market11
Property Features for 6460 Sonyea Road
General Information
Standard status
Size
Property subtype
Additional Details
Business Included
Road Access
Currently Operating
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Listing Agency:
Howard Hanna
Listed By:
Muhammad Shakeel · License NY #10401272401
(585) 520-5828
Source:
Highfallssir
Added: Nov 2
Changed: Nov 10
Last Checked: Nov 10 at 3:56PM
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 Howard Hanna
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 16-room motel is offered with its business goodwill, equipment, and operating supplies. A two-bedroom house on the property includes a manager’s or owner’s office and living space, with an eat-in kitchen, full bathroom, living room, full basement, and workshop. The owner is retiring and will provide several weeks of training to the incoming owner.
The property is on the main road in Mt. Morris, New York. SUNY Geneseo and a commercial area with Walmart, Wegmans, Aldi, and food franchises are about 10 minutes away. Letchworth State Park is also identified as a visitor draw in the area.
The property is on the main road in Mt. Morris, New York. SUNY Geneseo and a commercial area with Walmart, Wegmans, Aldi, and food franchises are about 10 minutes away. Letchworth State Park is also identified as a visitor draw in the area.
Key Highlights
- 16‑room motel offered with business goodwill, equipment, and supplies
- Separate two‑bedroom house with office and residential space
- House includes eat‑in kitchen, full bath, living room, full basement, and workshop
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$33,744
Cap Rate
3.75%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,880
$674.9K
Cap Rate 7%
$482,057
$482.1K
Cap Rate 9%
$374,933
$374.9K
Market Conditions
NOI Build-Up for 5,804 SF
Gross rent
$83.6K $14.40/SF
− Vacancy
−$12.5K −$2.16/SF
EGI
$71.0K $12.24/SF
− OpEx
−$37.3K −$6.43/SF
NOI
$33.7K $5.81/SF
Area
Livingston County, NY
Vacancy
15.00%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
52.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$674,880
Cap Rate 7%
$482,057
Cap Rate 9%
$374,933
Alternative Uses
Best Use
Hotel Hospitality
$482.1K
$421.8K – $562.4K
NOI $33,744 @ 7.0% cap · market cap 3.75%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,298 @ 7.0% cap · market cap 12.37%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
31
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 14510, NY
4,902
Population
2,190
Households
2.2
Avg Household Size
44
Median Age
22%
College-Educated
93%
High-School Grad
75.2 sq mi
ZIP Area
65
Density / Sq Mi
$61,099
Median Household Income
$42,205
Median Earnings
$806
Median Rent
$97,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Similar Off Market Nearby
- Greenway motel — 6456 Sonyea Rd, Mt Morris, NY 14510
Frequently Asked Questions
What type of property is this?
Motel - The offering includes motel operating assets and a separate residence with office space.
Where is this motel located?
The property is located at 6460 Sonyea Road Mount Morris, NY.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: 16‑room motel offered with business goodwill, equipment, and supplies; Separate two‑bedroom house with office and residential space; House includes eat‑in kitchen, full bath, living room, full basement, and workshop
