Bradley Inn Listing Details & Market Data

Bradley Inn is located moments from Bradley International Airport, Six Flags New England, Basketball Hall of Fame, Forest Park Zoo, Downtown Hartford, New England Air Museum, Bradley Teletheater, Bradley Bowling and surrounded by Surrounded by over 12,000 businesses within 10 miles.Maya 'Tina' Patel of NewGen Advisory is pleased to present for sale Bradley Inn located minutes from Bradley International Airport in Windsor Locks, CT. This property consists of 148 rooms with 60 rooms currently operational and another 18 in progress. The property, formerly a Quality Inn & Suites, offers an array of facilities primed for revitalization. Among its amenities are three meeting rooms alongside a spacious ballroom, complete with a fully equipped kitchen. Additionally, there's an on-site restaurant and bar/lounge, currently shuttered but poised for reopening under new ownership to augment revenue streams. The potential of this property hasn't gone unnoticed: in 2020, the City of Windsor Locks had entertained plan to acquire the property, alongside a sprawling 260-acre parcel behind it, for a transformative multi-billion dollar development. However, the onset of the Covid pandemic halted these ambitions, leaving the property ripe for a fresh vision and investment. Reopening in May 2023 as the Bradley Inn, this property offers a unique chance for visionary investors to secure a cost-effective investment and maximize returns through adaptive reuse or rebranding as a flagged property, with numerous brand options available. An ideal opportunity for this property is to reposition as either a branded hotel or multifamily conversion. With a streamlined 60-day zoning process and full support from the city, transitioning to multifamily development is seamless. The area is experiencing significant growth, particularly in IT and manufacturing, attracting a multitude of investors and developers. A strategic investor could capitalize on the properties turn-key status and amenities to address the pressing housing demand for both long and short term tenants.