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    Property profile & analytics
    OFF-MARKET Estimated value $2,360,000
    Motels

    1954 Lyell Ave, Rochester, NY 14606-2319

    48,485 SF 2.81 ac lot Built 1990
    Entity Owned 6-yr Hold ~ Est. High Equity
    Property ID
    US63-6264309
    Property summary
    AI-generated overview

    This exceptional 86-key hotel in Rochester, NY, presents a compelling investment opportunity. Located at 1954 Lyell Ave, this two-building, five-story property boasts 53,273 square feet on a 2.81-acre lot. Built in 1990 and extensively renovated in 2023, the hotel offers a blend of comfort and modern amenities. Features include a meeting space exceeding 600 square feet, a fitness center, and ample parking for trucks and buses. The property's prime location and recent renovations position it for strong occupancy rates and revenue generation. The existing structure is robust, suggesting significant potential for value appreciation. Furthermore, the property includes an additional 20 keys on the rear lot, presenting a unique opportunity for expansion and increased revenue streams. A well-defined business plan is available to assist investors in maximizing returns. SBA financing eligibility further enhances the investment appeal, reducing the equity requirement and making this a highly attractive opportunity for investors seeking strong returns and efficient capital leverage. The property is zoned for commercial use and offers a compelling combination of immediate income potential and long-term growth prospects. This is a rare chance to acquire a well-maintained, high-performing hotel in a desirable location.

    Property profile
    Verified
    Property type Motels
    Use group MOTEL
    Year built 1990
    Total area 48,485 SF
    Lot 2.81 ac (122,404 SF)
    Zoning code 05 - COMMERCIAL
    APN 262600 104.16-1-9.1
    UPID US63-6264309
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Niagara college University
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.36M
    Owner & transaction history
    Lyell Road Hotel LLC · 6 yrs held
    Lyell Road Hotel LLC
    since 2019
    4 recorded transactions
    2019
    $2.9M
    2007
    $1.3M
    1969
    1969
    Zoning & alternative use
    05 - COMMERCIAL · Rochester, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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