CoCo Key Water Resort – Waterbury, CT 06705
Sale
[metaslider id=1070]
Asset Type | Commercial | ||
Starting Bid | $1,500,000 | ||
Bid Deposit Amount | $10,000 | ||
Property | CoCo Key Water Resort – Waterbury | ||
Property Description | 280-Room Interior Corridor Resort & Convention Center Located in Waterbury, CT | ||
Lot Size (acres) | 16.0 | ||
Year Built | 1970 | ||
Number of Buildings | 1 | ||
Number of Stories | 4 | ||
Number of Units | 280 | ||
Occupancy | 28.0({13dda1d77f96bc4e01ab58573f90526d30fd6d90710a0f0937fcfa918c15c232}) | ||
Buyer’s Premium | 5{13dda1d77f96bc4e01ab58573f90526d30fd6d90710a0f0937fcfa918c15c232} of Winning Bid Amount (A minimum of $20,000 will apply) | ||
***BIDDER DEPOSITS MUST BE PLACED ONLY BY WIRE TRANSFER OR CASHIERS CHECK. CREDIT CARDS WILL NOT BE ACCEPTED.
We are pleased to offer for sale the CoCo Key Water Resort, a-280 room interior corridor resort and convention center built in 1970 and renovated in 2008 and located in Waterbury, CT.
The Hotel is situated off of Interstate 84 and in between Interstate 91 and Connecticut Route 8. Interstate 91 runs through north and south New England and provides easy access to New Haven and Hartford, while Route 8 provides easy access to Bridgeport Connecticut.
The Property’s central location in the northeast and its close proximity to major highways makes transportation to/from northeastern cities very easy. New York City, Hartford, Boston, Newark, and Philadelphia are all within 150 miles of the Property. In addition, to the close proximity to large northeastern cities, the Property is situated near a number of leisure demand generators such as Seven Angels Theatre, Lake Compounce, and Waterbury’s Brass Mill Center. There is also a strong university presence in the area with Yale University, University of Connecticut-Waterbury, University of Bridgeport, Post University, Wesleyan and Naugatuck Valley Community College all located within 30 miles of the Property.
The Property operates as an Independent Hotel. It consists of four (4) stories and contains amenities such as a convention center that features over 40,000 SF of function space and a 55,000 SF indoor waterpark that was built in 2008. The diverse amenities the Property offers make the Hotel attractive to all types of travelers from corporate travelers for business to families who are looking for a local vacation.
Auction Starts 02/08/2016
Auction Ends 02/10/2016
- Property Type: Land
- Furnishing: Not Applicable
- Tenure: Not Applicable