106 Smith Rd - Hospitality FOR SALE


Wilmington, VT 05363 | 
$2,250,000 USD
732-603-0700
106 Smith Rd, Wilmington, VT for Sale
$2,250,000 USD
Hospitality - FOR SALE
1/9
null | 6% Cap Rate

106 Smith Rd
Wilmington, VT 05363


HIGHLIGHTS

  • Close proximity to Mount Snow Ski Resort
  • Wooded Inn with direct access to hiking trails

OVERVIEW

Offered at $2,250,000, this distinctive three-unit hospitality property in Wilmington, Vermont combines valuable real estate, an established operating inn and flexible owner or manager accommodations. Situated on eight wooded acres minutes from Mount Snow, the approximately 7,500-square-foot property includes an 11-bedroom, 10-bath country inn; a separate 3-4 bedroom, 3-bath guest house; and a spacious one-bedroom apartment suitable for an owner, on-site manager or long-term tenant. Property amenities include a seasonal swimming pool, hot tub, sauna, exercise room, commercial kitchen, multiple gathering rooms, landscaped outdoor areas and private on-property hiking trails. The turnkey operation currently accommodates individual stays and whole-property buyouts, with additional opportunities for family gatherings, wellness and corporate retreats, ski and golf groups, weddings, reunions, creative retreats and other private group rentals. Existing systems are in place for an orderly ownership transfer. A hands-on owner may have opportunities to increase direct bookings, expand shoulder-season occupancy, develop group packages and reduce operating expenses through active management. The current owners are nearby and available to provide reasonable transition support. Additional operating and financial information is available to qualified buyers. Buyer should independently verify all property, operating and financial information.

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$281 USD /SF

# OF ROOMS

22

PRICE/ROOM

$102,273 {currency}

CAP RATE

6%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Quail Run Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1964

PARKING SPACES

-

LAND DETAILS

LAND ACRES

12 AC

LAND SF

522,720 SF

ZONING

-

APN/PARCEL ID

762-242-12717

ASK ABOUT THIS PROPERTY

Meiling KravarikM-3 REALTY, INCMore Info
732-603-0700

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Meiling KravarikM-3 REALTY, INCMore Info
732-603-0700

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