Marcus and Millichap is pleased to present the fee simple interest in the 75-room, two-story, Days Inn Albany. This exterior corridor property provides investors with a unique opportunity to acquire a strong and robust cash flowing asset in a market like no other. Some of the community’s best-known industries include Procter & Gamble, MillerCoors, Coats & Clark, Georgia Pacific, Mars Chocolate North America, and Pfizer. Operationally, the hotel has fared exceptionally well during COVID-19 and has INCREASED revenue in the year 2020 relative to previous years demonstrating the market potential for a new operator and the overall region.

Seller has informed the property can be converted to 90 rooms from the current 75-rooms stated in the STR Report via the conversion of the on-site manager's apartment, owner's suite, and storage rooms

In 2020, the property has produced gross revenue of 486,852 dollars outperforming pre-pandemic levels and demonstrating itself as a recession-proof asset.

Excellent entry-level hotel for a new operator looking to break into the hospitality industry on a safe cash-flowing asset.