INVESTMENT HIGHLIGHTS
Hunter Hotel Advisors is pleased to offer for sale the 113-room Homewood Suites by Hilton Poughkeepsie (the “Hotel”). Opened in 2019, the institutional-quality, concrete and steel constructed property is strategically situated in the heart of New York’s Hudson Valley, a dynamic and rapidly growing market supported by year-round corporate and leisure demand. The property is the closest hotel to IBM’s 3.6-million-square-foot Poughkeepsie campus, and will directly benefit from the company’s expansion following their recent $20 billion regional investment. This offering presents a rare opportunity to acquire a high-quality, cash-flowing Hotel poised to capitalize on the region’s transformational growth and development.
- Top-performing hotel in the Poughkeepsie market, recording a RevPAR of $127 and ranking one of five in the competitive set
- Institutional quality, extended stay positioned, Hilton branded Hotel opened in 2019
- Centrally located in New York’s Hudson Valley, which is 80 miles north of Manhattan and 70 miles south of Albany
- Established and expanding hub for semiconductor, quantum computing, and advanced technology development, anchored by IBM and Onsemi
- Diverse, year-round demand base, supported by of major corporations, picturesque state parks, notable entertainment venues, renowned educational institutions, and prominent medical facilities
- Well maintained property with a limited change-of-ownership PIP due upon sale
- Offered at a discount to today’s replacement cost
LISTING CONTACTS
PHOTO GALLERY
ABOUT HUNTER
Hunter Hotel Advisors is the leading investment advisory firm focused exclusively on the hotel industry. Their seasoned team of investment professionals and offices nationwide consistently provide clients with optimal results in hotel brokerage, financial advisory and capital markets services of any size or complexity. With over 45 years of experience in both full and select-service single assets as well as portfolio marketing, the firm’s capacity in valuation, economic analysis, and industry relationships has allowed HUNTER to consistently maximize value regardless of market conditions.
Hunter Hotel Advisors is the founder and producer of the well-known and respected Hunter Hotel Investment Conference. Since their first conference in 1989, they have had a consistent focus on producing an educational and networking format based on real estate and finance for hotel owners.
