101 Nanak Way - Hospitality FOR SALE


Killington, VT 05751
$2,200,000 USD
315-569-1227
101 Nanak Way, Killington, VT for Sale
$2,200,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

101 Nanak Way
Killington, VT 05751


HIGHLIGHTS

  • Well located on the base of the largest ski resort in the east
  • Utilities on site - public water approved by the town , public waste management on site
  • Killington expansion under way
  • Branding opportunities with major hotel companies
  • Property values and demand remain strong in resort destination areas
  • Approved plans for a dynamic 72 room independent lodge

OVERVIEW

31,000 sq foot building on 6 plus beautiful acres on the Killington access road just minutes to the largest ski resort in the east. The building was approved for use as a 72 room Inn, subject to the build out and final approval from the state. Other possibilities are a hostel and multi family development.There is a significant demand for work force housing in the area due to the expansion of the resort .

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$71 USD /SF

# OF ROOMS

72

PRICE/ROOM

$30,556 {currency}

CAP RATE

Request Cap Rate

STATUS

Under Construction

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Killington Vermont Development

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

2027

PARKING SPACES

42

LAND DETAILS

LAND ACRES

6.42 AC

LAND SF

279,623 SF

ZONING

Commercial/Residential

APN/PARCEL ID

588-185-13618

ASK ABOUT THIS PROPERTY

John ChristopherJohn P ChristopherMore Info
315-569-1227

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

John ChristopherJohn P ChristopherMore Info
315-569-1227

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