Red Roof Clifton Park

Red Roof Clifton Park

Price : $2,700,000

The two story, limited service, 60 keys interior corridor motel is located in bustling Clifton Park, NY. It is at exit 9 off Interstate 87 in New York. The property is conveniently located minutes from Saratoga Springs and downtown Clifton Park, NY; and a short drive to Albany International Airport and Saratoga Raceway & Casino.
 
Clifton Park has a number of mid to upper tier hotels and Red Roof is the only economy / value tier property in the one thousand room market. This clearly provides a great economical alternative to budget oriented transient, tourists and corporate travelers. Though Red Roof is considered an economy tier property, it provides most of the amenities of other higher tier brands in Clifton Park but at a greater value.
 
The property became a Red Roof Inn in Jan 2015. Due to personal reasons the property was grossly mismanaged and as a result the property condition deteriorated. In June 2016 MTEL Consultants was hired as the Management company to turn around the asset. Upon take over MTEL immediately started a major renovation to the property. The renovations were completed in 90 days at an expense of over $ 100,000. The property is now fully compliant with the franchise brand standards.  The property is performing very well after renovations, reimaging and re-positioning in the market as the best value hotel in Clifton Park.