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28025782
28025783

569 Harry L Drive, Johnson City, NY 13790 For Sale

JC
VT VT 081.0004356, 35ch0937609
John Christopher
Listed by John Christopher
Unpriced
255 days on market
Updated 11 days ago

Call for Offers Due 7/10/10 Comfort Inn & Suites

Details
APN 143.05-1-28.2
Property Type Hospitality
Sub Type Hotel
Square Footage 50,550
Keys 99
Pro-Forma NOI $606,000
Year Renovated 2024
Buildings 1
Stories 4
Acreage 2.000

Hospitality | 99 Keys

Marketing description

Hospitality Associates is pleased to present the 99-key Comfort Inn & Suites in Johnson City, NY, part of the Choice Hotels portfolio. Ideally located off NY-17/I-86, the property offers excellent visibility within the Southern Tier’s primary commercial corridor and immediate access to Binghamton University, UHS Wilson Medical Center, and the Oakdale Commons redevelopment. Built in 1978 and fully renovated in 2024, the hotel features refreshed guestrooms, updated public areas, and a strong midscale brand affiliation. Leveraging the distribution power of Choice Hotels, the property is well-positioned to capture demand from regional corporate, university, and medical travelers. With management delivered unencumbered, new ownership has flexibility to implement operational strategies and drive performance. Year-round demand is anchored by Binghamton University’s 18,000+ students and faculty, the expanding Health Sciences Campus, and the region’s robust healthcare sector. In addition, the transformation of Oakdale Commons into a mixed-use lifestyle and entertainment destination is creating renewed economic activity in Johnson City. With limited new hotel supply and strengthening local demand drivers, the Comfort Inn & Suites Johnson City presents a compelling value-add opportunity in a resilient secondary market.

Investment highlights

100 Key Comfort Inn & Suites, Choice Hotel Collection

— Recently renovated in 2024 with refreshed rooms and public spaces

— Upside potential as renovation & rebranding ramp continues

— Institutional Demand Drivers – minutes from Binghamton University (18,000+ students) and UHS Wilson Medical Center

— Strong market ADR leaves room for continued rate growth and market penetration

— Prime Johnson City Location – high visibility on Harry L Drive, adjacent to Oakdale Commons retail redevelopment and Wegmans corridor

— Located at the crossroads of NY-17/I-86 and I-81, the property offers convenient access throughout the Southern Tier and Finger Lakes region, while within a 3.5-hour drive of New York City

Listing Contacts

JC
VT VT 081.0004356, 35ch0937609
John Christopher
Listed by John Christopher

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