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18 Old Ridgebury Rd
Danbury, CT 06810

Crowne Plaza Danbury · Hospitality Property For Sale · 188,684 SF

Investment Highlights

  • Crown Plaza Danbury is an upscale, full-service hotel ideally located off I-84 in proximity to numerous area businesses and attractions.
  • Easy access to Danbury Municipal Airport, Danbury Amtrak Station, Westchester County Airport, and Hudson Valley Regional Airport.
  • Unencumbered by management with historically generated strong revenues and significant upside potential.
  • Ample and flexible meeting space with over 26,000 square feet of total event space.
  • Valued significantly below replacement cost with benefits from IHG branding affiliation, including distribution and loyalty program.
  • Multiple repositioning opportunities such as a Marriott or Hilton brand family, as well as multi-family or senior living.

PROPERTY FACTS

Property Type Hospitality
Property Subtype Hotel
Building Class B
Lot Size 7.24 AC
Building Size 188,684 SF
Number of Floors 10
Year Built/Renovated 1979/2013
Parking Ratio 2.12/1,000 SF
Corridor Interior

Amenities

  • Business Centre
  • Fitness Centre
  • Pool
  • Restaurant
  • Room Service
  • High Speed Internet Access
  • On-Site Bar
  • Meeting Event Space
  • Public Access Wi-Fi

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
DANB-000015C-000000-000008
Land Assessment
£1,815,390
Improvements Assessment
£3,180,929
Total Assessment
£4,996,319

zoning

Zoning Code CA-80 (Arterial Commercial District)
CA-80 (Arterial Commercial District)
  • Listing ID: 23805153

  • Date on Market: 30/07/2021

  • Last Updated:

  • Address: 18 Old Ridgebury Rd, Danbury, CT 06810

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