Property Overview :
Excellent opportunity to acquire a well-maintained 20-room exterior corridor inn situated on 2.8 acres in Wellsville, NY. Recently renovated in 2024, the property is positioned as a strong cash-flowing asset with flexible management options, including on-site owner operation or remote/virtual oversight.
Property Features :
20 guest rooms | 1-story, exterior corridor design
On-site operator’s quarters located behind the office
Fully renovated in 2024
Recent upgrades:
Roof (2017)
Plumbing updates (2019)
New water heater (2021)
Ample parking on 2.8-acre parcel
Opportunity Zone designation
Operational Highlights :
Repeat business: Frequently leased to a construction company
Participates in DSS housing program (several rooms)
Located only 15 minutes from Alfred University
City is designated a Wellness Community, enhancing long-term demand drivers
Investment Highlights :
Turnkey opportunity with recent renovations
Flexible operations – owner can live on-site or manage remotely
Affordable entry point at $625,000
Consistent revenue streams with strong local demand
Excellent choice for first-time hotel/motel operators or seasoned investors seeking stable cash flow
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