CorePoint Lodging Sells Plattsburgh Hotel For $5.2M With Brokers Sean Banilivy & Bennett Webster - Paramount Lodging Advisors

An approximately 47,082 square foot hotel located at 16 Plaza Blvd in Plattsburgh was recently sold for $5,200,000. The property, part of a larger corporate portfolio transaction, features 103 keys and was sold at a price per square foot of $110.

Summary of transaction details

• Property Type: Hotel
• Transaction Amount: $5,200,000
• Address: 16 Plaza Blvd, Plattsburgh
• SF: 47,082
• Keys: 103
• PPSF: $110
• PPK: $50,485

CorePoint Lodging was the seller in this transaction. The deal was facilitated by brokers Sean Banilivy and Bennett Webster from Paramount Lodging Advisors, a national hotel brokerage advisory firm with 12 offices across the country. Note that Paramount Lodging Advisors has closed more than $6.5B in transactions.