Future Spark by Hilton Lake Placid

Description:

Ri Marketplace Online Auction October 14th-16th, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2730/future-spark-by-hilton-lake-placid?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=hospitality_2730

JLL’s Hotels & Hospitality Group, in conjunction with RealINSIGHT Marketplace, has been retained to offer for sale the fee simple interest in the 61-room Future Spark by Hilton Lake Placid (the “Hotel” or “Property”). The Hotel is located on Sentinel Road in between the Lake Placid Airport/Olympic Training Facilities to the South and Mirror Lake/Olympic Musseum to the North. Lake Placid is a legendary two-time Olympic host city and premier four-season destination within New York's Adirondack Park, drawing consistent leisure demand from major population centers including New York City, Montreal, and Boston. This offering represents the rare opportunity to acquire an unencumbered midscale hotel at a significant discount to replacement cost (under $100,000 per key), with upside potential after converting to a Spark by Hilton property, in a $107.50 RevPAR competitive set as the second Hilton product in the market besides the best-in-set Hampton Inn, all while capitalizing on Lake Placid's high-barrier lodging market and enduring Olympic legacy.


Ralph Passono, Jr.
c/o Fisher Auction Company Inc.
License: 1
NY Broker No.:10311203946

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