1007 Mountain Rd - Hospitality FOR SALE


Stowe, VT 05672
$9,250,000 USD
802-760-3100
1007 Mountain Rd, Stowe, VT for Sale
$9,250,000 USD
Hospitality - FOR SALE
1/15
null | Request Cap Rate

1007 Mountain Rd
Stowe, VT 05672


HIGHLIGHTS

  • Prime Redevelopment Opportunity In Stowe
  • Close to Stowe Mountain Resort, on bus route to mountain
  • Stowe is #1 in Room Revenue for State of Vermont

OVERVIEW

This is a rare opportunity to acquire a development parcel in what is internationally know as “The Ski Capital of the East”. This sixteen acre Stowe, VTproperty has a storied history as a resort destination and is centrally located between the downtown and mountain ski area. Current zoning allows up to 72 room keysand 9 homesites. Stowe hosts nearly a million visitors annually, with 60% seen in non-winter months. The town of Stowe has the highest grossing room revenue in theState.

FOR SALE DETAILS

PRICE

$9,250,000 USD

PRICE/SF

$514 USD /SF

# OF ROOMS

30

PRICE/ROOM

$308,333 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Mountain Road Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1990

PARKING SPACES

20

LAND DETAILS

LAND ACRES

16.48 AC

LAND SF

717,869 SF

ZONING

C-1

APN/PARCEL ID

621-195-12028

ASK ABOUT THIS PROPERTY

Steven FosterKW VermontMore Info
802-760-3100

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Steven FosterKW VermontMore Info
802-760-3100

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.