Sleep Inn & Suites Airport East Syracuse, NY 13057

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1 Sleep Inn & Suites Airport East Syracuse, NY A family developed, owned and operated hotel since GREGG SARGENT DIRECTOR GREGG@BARONGROUPS.COM This listing is property of Baron Realty Group and is only intended for the current recipient. If you received this listing through an unauthorized representative, please disregard.

2 Baron Realty Group has been chosen to exclusively market for sale the Sleep Inn & Suites located at 6344 E Molloy Road in East Syracuse conveniently located off NYS Thruway 90, US 81 and Route 481. This 3 story elevator building with 54 spacious rooms and suites was newly developed two years ago. This full service hotel property is one mile from the Syracuse Hancock International Airport and only minutes from downtown Syracuse, the Carrier Dome and Syracuse University. This is a true turn-key opportunity to acquire a new hospitality asset and established business in a stable New York market. The hotel contains two kitchens, a restaurant with a full bar and boasts 4 banquet rooms for business meetings, weddings and corporate events of all sizes. The large courtyard located just outside the bar is equipped with natural gas fire pits and heat lamps providing a great outdoor space to accommodate guests year around.

3 6344 E Molloy Road East Syracuse, New York Purchase Price $9,600,000 Property Improvement Plan $0 Total Investment $9,600,000 Total Number of Rooms 54 Occupancy 67.3% Year Built 2016 Number of Stories 3 Type of Ownership Fee Simple Financial data provided upon execution of CA from Baron Realty Group LLC. Contact: Gregg Sargent Director gregg@barongroups.com

4 WELCOME TO SLEEP INN & SUITES AIRPORT

5 THE FRANCHISE Choice Hotels International (NYSE: CHH) is one of the largest and most successful lodging companies in the world. Choice currently franchises more than 6,800 hotels, representing more than 500,000 rooms, in more than 35 countries and territories. Ranging from limited service to full service hotels in the economy, mid-scale and upscale segments, Choice-branded properties provide business and leisure travelers with a range of high-quality, high-value lodging options throughout the United States and internationally. Sleep Inn & Suites is a new construction hotel brand that is among the top franchises in the midscale segment, both in construction affordability and ongoing operating performance. Designed to stand out from the competition, the smart, evolved proto-type is rooted in timeless nature elements and makes both guests & owners happy. Sleep Highlights Signature Sleep Inn tower with distinct modern look drives guests to your door Energy-efficient LED accent lighting in signature brand color Modern, warm design scheme options Smartly designed guestroom to optimize space Signature lobby accent wall with nature elements Open and combined lobby and public space to meet guest needs throughout the day in an efficient way System Size (open or under development) *Source: See Sleep Franchise Disclosure Document dated April 1, 2018, Item 19. For the 333 hotels included in this sample, 202 hotels or 60.7% met or exceeded this amount. INDIVIDUAL RESULTS MAY VARY PER PROPERTY.

6 PROPERTY OVERVIEW 54 Keys King Rooms Double Queen Rooms Suites Land 6.5 Acres Parking Lot 2.5 Acres Hotel 33,000 SF Banquet Facilities 9,000 SF Restaurant 2,716 Other 6000 SF (Kitchens, Baths, Storage) Neighbors Include UPS, Byrne Dairy, Berkshire Bank, ServPro, US Hancock Airforce Base 174th Attack Wing, BNY Mellon, Chase, FedEx Freight Features and Amenities Complimentary WiFi Complimentary Parking Complimentary Hot Breakfast Fitness Center Business Center Elevator Complimentary Coffee/Tea Convenience Store Spacious Lounge Complimentary Airport Shuttle Interior Hallways with direct access to Bar / Restaurant and Banquets. Guest Room Amenities Wall Mounted Flat Screen TV s Keurig Coffee Makers Iron / Ironing Board Hair Dryer Desk Telephone Whirl Pool Tubs Daily Housekeeping Room Service Complimentary Bottle Water

7 GUEST ACCOMMODATIONS

8 AREA ATTRACTIONS Destiny USA Shopping Mall 5.7 Miles City Market Flea & Street Market 6 Miles Dinosaur Bar-B-Que 8.4 Miles NYS Fairgrounds 12 Miles Carrier Dome 8.4 Miles Syracuse University 8.1 Miles Le Moyne College 5.0 Miles Erie Canal Museum 7.5 Miles Oswego State University 37.5 Miles Rosamond Gifford Zoo 9.9 Miles Onondaga Lake 10.1 Miles Niagara Mohawk Building 8.3 Miles