Plattsburgh, New York
- Fee Simple interest in the corporately owned and corporately managed 103-room La Quinta Inns & Suites offered at a fraction of replacement cost
- Property is offered for individual sale as part of a larger corporate portfolio sale
- Available unencumbered of debt and third-party management with the ability to retain La Quinta Inns & Suites brand for a new long-term license agreement with Wyndham
- Significant operating improvement prospects following completion of the pre-negotiated La Quinta PIP and more hands-on ownership
- Adjacent to Interstate 87 and along Route 3, a heavily trafficked commercial corridor providing direct access to regional business and leisure demand generators.
- Easily accessible to all broader regional demand including Plattsburgh International Airport, Lake Champlin, SUNY-Plattsburgh, Champlin Center Mall, Bombadier Corp, Swarovski Lighting, Norsk Titanium, Nova Bus, and Georgia-Pacific Paper Company.
- Strategically located 30 minutes south of the Montreal, Canada border where approximately 350,000 persons cross the daily