Lux Hotel & Conference Center, Ascend Hotel Collection

For Sale

2468 NY-414, Waterloo, NY 13165

This Waterloo property for sale is located at 2468 NY-414. Contact the listing broker for details on the current sale price for Lux Hotel & Conference Center, Ascend Hotel Collection.

Contacts

RI Marketplace Marketing

RealINSIGHT Marketplace

Property Details

  • Property Type Hotel / Motel
  • Property Size 3,740 SF
  • Date Updated Jun 26, 2026

 Investment Highlights

  • Geographic Heart of the Finger Lakes: Positioned between Cayuga and Seneca Lakes at the midpoint of two of the country's top wine trails.
  • 147-Room Full-Service Hotel with 3,740 SF: Two-story, fee simple asset featuring meeting space, outdoor pool, fitness center, and Woodies bar.
  • Exceptional TTM NOI of $1.57M at 69.7% Occ: TTM March 2026 RevPAR of $77.47 reflects a 71.8% RevPAR index improvement over the prior year.
  • Significant RevPAR Upside vs. Comp Set: Subject ADR index of 74.6% vs. comp set signals clear rate-growth runway as occupancy stabilizes.
  • Del Lago Resort & Casino 4 Miles Away: Major regional entertainment destination drives year-round gaming, concert, and event-based demand.
  • No New Supply Within a 15-Mile Radius: Protected competitive position with zero new hotel rooms under development in the immediate market.
  • Ralph Passono, Jr. c/o Fisher Auction Company Inc. License: 1 NY Broker No.:10311203946. Starting Bid $2,250,000.
  • Property tours are available by appointment only on Wednesday, June 24th and Thursday, June 25th. Please reach out to Chase Perry, | (770) 916-0033, to schedule.

 

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Getting around

  • 37/100

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  • 40/100

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Location

  • City Waterloo, NY
  • Zip Code 13165

Points of Interest

  • Marengo Junction

    8.91 miles

  • Speedway

    1.02 miles

  • Circle K

    3.83 miles

  • Byrne Dairy

    3.85 miles

  • Love's

    4.11 miles

  • Exxon

    4.13 miles

  • Petro (Diesel)

    4.25 miles

  • Tesla Supercharger

    4.43 miles

  • A Plus

    5.52 miles

  • Mobil

    7.69 miles

  • Visitor Parking

    0.71 miles

  • Student Pick-up/Drop-off Area

    0.72 miles

  • Staff Parking

    0.74 miles

  • Bus Lot

    0.76 miles

  • Bus Parking

    1.44 miles

  • Court Parking

    1.44 miles

  • Cayuga-Seneca Canalway Trail Parking

    1.45 miles

  • General Parking

    1.45 miles

  • Quality Inn

    0.03 miles

  • Hampton Inn

    0.17 miles

  • Microtel Inn & Suites by Wyndham Seneca Falls

    0.28 miles

  • John Morris Manor Bed & Breakfast

    4.38 miles

  • Del Lago Hotel

    4.42 miles

  • Hampton Inn Geneva

    7.59 miles

  • 41 Lakefront Hotel

    7.66 miles

  • Fairfield Inn

    8.85 miles

  • Days Inn

    9.20 miles

  • Microtel Inn & Suites by Wyndham Geneva

    9.22 miles

  • Tops

    0.15 miles

  • Walmart Supercenter

    0.20 miles

  • ALDI

    0.47 miles

  • Main Street Waterloo Shop Centre

    1.23 miles

  • Wegmans

    8.63 miles

  • Big Lots

    9.48 miles

Contact Listing Broker
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