20-Unit Motel with Manager
9470 Niagara Falls Blvd Niagara Falls, NY 14304
9470 Niagara Falls Blvd, Niagara Falls, NY, 14304
$1,300,000
For Sale
$1,300,000
Hospitality property includes a 20-unit motel and a detached manager home with motel office/store.
Property Size11,358 SF
Price / SF$114.46
Days on Market56
Property Features for 9470 Niagara Falls Blvd
General Information
- Standard status
- Active
- Size
- 11,358 SF
Listing agency
Red Door Real Estate WNY LLC
(603) 860-6240
Listed by
Francis Fernando
(603) 860-6240
Source
Exprealty
Added: May 27 Updated: Jul 20 at 9:34PM Checked: Jul 20 at 9:34PM
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 Red Door Real Estate WNY LLC
Investment Insights
Based on property information with market context.
This hospitality property includes a 20-unit motel, plus a detached manager-home that also contains a motel office/store. The offering further includes six garage spaces and a separate additional tract of land included in the sale.
The property is described as being positioned near the Niagara Outlet Mall, Niagara Falls International Airport, Seneca Niagara Casino, and nearby access points to Canada and the Falls area. The asset is noted as straddling the City of Niagara Falls and the Town of Niagara, identified by tax parcels 161.06-3-12 and 146.18-2-2.
A 3-bedroom detached home with a full basement is included, and the basement is described as housing the motel office and the manager’s residence. An option is available to have the existing motel management run day-to-day operations.
The property is described as being positioned near the Niagara Outlet Mall, Niagara Falls International Airport, Seneca Niagara Casino, and nearby access points to Canada and the Falls area. The asset is noted as straddling the City of Niagara Falls and the Town of Niagara, identified by tax parcels 161.06-3-12 and 146.18-2-2.
A 3-bedroom detached home with a full basement is included, and the basement is described as housing the motel office and the manager’s residence. An option is available to have the existing motel management run day-to-day operations.
Key Highlights
- Hospitality property with a 20‑unit motel plus a detached manager home with an office/store
- Manager home includes the motel office/store and a full basement, combining office and residence space
- Includes 6 garage spaces on the property
Local Financial Insights For Hotel Hospitality
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $170.4k | $15.00 |
| − Vacancy | −$20.4k | −$1.80 |
| EGI | $149.9k | $13.20 |
| − OpEx | −$78.7k | −$6.93 |
| NOI | $71.2k | $6.27 |
11,358 SF · lease $15.00/SF/yr · vacancy 12.00% · expense 52.50%
Alternative Uses
Best Use
Hotel Hospitality
$1.02M
$890.2K – $1.19M
NOI $71,215 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$9.65M
$8.44M – $11.26M
NOI $675,560 @ 7.0% cap · market cap 51.97%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Motels
Similar For Sale Nearby
Similar Off Market Nearby
- Niagara Falls Motel — 8710 Niagara Falls Blvd, Niagara Falls, NY 14304
- Sterling Inn Niagara Falls Near IAG Airport — 9001 Niagara Fls Blvd, Niagara Falls, NY 14304
- Hotel — 1042 90th St, Niagara Falls, NY 14304
- Sterling Inn Niagara Falls, NY — 9001 Niagara Falls Blvd, Niagara Falls, NY 14304
- Memory lane motel — 8800 Niagara Falls Blvd, Niagara Falls, NY 14304
FAQs
What type of property is this?
Motel - Hospitality property includes a 20-unit motel and a detached manager home with motel office/store.
Where is this motel located?
The property is located at 9470 Niagara Falls Blvd Niagara Falls, NY.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Hospitality property with a 20‑unit motel plus a detached manager home with an office/store; Manager home includes the motel office/store and a full basement, combining office and residence space; Includes 6 garage spaces on the property
