SOLD
CorePoint Lodging Sells Plattsburgh Hotel For $5.2M With Brokers Sean Banilivy & Bennett Webster - Paramount Lodging Advisors
16 Plaza Boulevard
Hotel
47,082 SF
47,082 SF
Sold 1 year ago
Summary
Sale
NEW YORK
Hotel
47,082 sqft
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.
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Details
SOLD
IMAGE: Sean Banilivy (@SeanLivy)
DATE: 02/27/2020
ADDRESS: 16 Plaza Blvd
MARKET: Plattsburgh
ASSET TYPE: Hotel
SELLER: CorePoint Lodging
BROKERS: Sean Banilivy & Bennett Webster - Paramount Lodging Advisors
SALE PRICE: $5,200,000
SF: 47,082 ~ PPSF: $110
KEYS: 103 ~ PPK: $50,485
NOTE: This transaction was part of a larger corporate portfolio transaction. Markets include NY, IN, KS, NM, NE, and OH. Paramount Lodging Advisors is a national hotel brokerage advisory firm with 12 offices across the country, from San Francisco to New York, and have closed more than $6.5B in transactions.View on map
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Address16 Plaza Boulevard
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