Property summary
This fee-simple 77-key Hampton Inn is strategically located in Rochester, NY, at 1323 East Ridge Road, 14621. The hotel benefits from its proximity to major demand generators, including Rochester General Hospital, a significant healthcare facility serving hundreds of thousands of patients annually, and Eastman Kodak offices, ensuring a consistent stream of medical professionals, patients, visitors, and business travelers. Its convenient location also places it within easy reach of the University of Rochester and Rochester Institute of Technology, attracting a substantial number of students, faculty, and visitors for academic and other events. This prime location offers significant upside potential. The property presents a compelling investment opportunity due to its strong brand affiliation with Hilton, and the absence of existing management agreements or debt. The hotel's current condition offers renovation upside, and its pricing represents a discount to replacement cost. This presents a rare opportunity to acquire a well-positioned, established hotel in a thriving market. The property is offered as a fee-simple ownership.
Property profile
VerifiedCap rate & NOI
Current use
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Church
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Association / Organization
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Hotel & Motel
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Property description
Physical attributes from public recordsZoning & alternative use
06 - INDUSTRIAL · Rochester, NYZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for 06 - INDUSTRIAL in Rochester, NY.
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