{"id":38376,"date":"2023-02-13T11:15:31","date_gmt":"2023-02-13T16:15:31","guid":{"rendered":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/?p=38376"},"modified":"2023-03-03T08:54:34","modified_gmt":"2023-03-03T13:54:34","slug":"new-owners-of-comfort-inn-in-wilton-are-investing-2-million-in-facility-upgrades","status":"publish","type":"post","link":"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2023\/02\/new-owners-of-comfort-inn-in-wilton-are-investing-2-million-in-facility-upgrades\/","title":{"rendered":"New Owners Of Comfort Inn In Wilton Are Investing $2 Million In Facility Upgrades"},"content":{"rendered":"
\"\"
Brothers Ravi and Subhash Modasra, third generation motel operators, bought this property in late October for $5.32 million. They expect to invest $2 million to upgrade the property.
\u00a92023 Saratoga Photographer.com<\/figcaption><\/figure>\n

By Jill Nagy<\/p>\n

The Comfort Inn and Suites at 17 Old Gick Road, near Norway Exit 15 in Wilton, has new owners and is undergoing a major facelift. \u00a0<\/span><\/p>\n

Brothers Ravi and Subhash Modasra, third generation motel operators, bought the property in late October for $5.32 million. They expect to invest another $2 million in upgrading the property.<\/p>\n

The property will remain in operation as the renovation goes forward in stages.\u00a0<\/span><\/p>\n

The current design, called \u201crise and shine,\u201d will require new finishes, flooring, wall coverings, and furniture. Ravi Modasra expects work to begin in the next few weeks and be completed by June 1. In any case, \u201cwe will do our best to be ready for track season.\u201d<\/p>\n

The Modasra brothers already operate a Comfort Inn and Suites property in Scotia and have other real estate holdings. They built the Scotia motel in 2018 and will continue to operate it. Ravi described his and his brother\u2019s businesses, the Mohawk Companies and Bluebird Commercial Real Estate,\u00a0 <\/span>as being \u201cin an acquisition and growth mode.\u201d<\/p>\n

<\/span><\/span><\/b><\/span>The Wilton property has 85 rooms.\u00a0<\/span><\/p>\n

The adjoining Golden Corral restaurant was sold separately to a different owner and will also be renovated and operated as a separate business.\u00a0<\/span><\/p>\n

The Modasra family has many ties to the area, Ravi said. He was born and raised in Scotia and attended Scotia-Glenville schools.\u00a0<\/span><\/p>\n

Ravi said he is \u201cexcited about the future potential for this area\u201d and is \u201calways looking to grow in the Capital Region.\u201d<\/p>\n","protected":false},"excerpt":{"rendered":"

By Jill Nagy The Comfort Inn and Suites at 17 Old Gick Road, near Norway Exit 15 in Wilton, has new owners and is undergoing a major facelift. \u00a0 Brothers Ravi and Subhash Modasra, third generation motel operators, bought the property in late October for $5.32 million. They expect to invest another $2 million in […]<\/p>\n","protected":false},"author":89,"featured_media":38377,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"class_list":["post-38376","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-construction-planning"],"yoast_head":"\r\nNew Owners Of Comfort Inn In Wilton Are Investing $2 Million In Facility Upgrades - Saratoga Business Journal<\/title>\r\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\r\n<link rel=\"canonical\" href=\"https:\/\/www.saratoga.com\/saratogabusinessjournal\/2023\/02\/new-owners-of-comfort-inn-in-wilton-are-investing-2-million-in-facility-upgrades\/\" \/>\r\n<meta property=\"og:locale\" content=\"en_US\" \/>\r\n<meta property=\"og:type\" content=\"article\" \/>\r\n<meta property=\"og:title\" content=\"New Owners Of Comfort Inn In Wilton Are Investing $2 Million In Facility Upgrades - Saratoga Business Journal\" \/>\r\n<meta property=\"og:description\" content=\"By Jill Nagy The Comfort Inn and Suites at 17 Old Gick Road, near Norway Exit 15 in Wilton, has new owners and is undergoing a major facelift. \u00a0 Brothers Ravi and Subhash Modasra, third generation motel operators, bought the property in late October for $5.32 million. 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