1354 US Highway 20 - Hospitality FOR SALE


West Winfield, NY 13491
$659,999 USD
562-843-3495
1354 US Highway 20, West Winfield, NY for Sale
$659,999 USD
Hospitality - FOR SALE
1/15
null | Request Cap Rate

1354 US Highway 20
West Winfield, NY 13491


OVERVIEW

Experience nostalgia and charm at Jeannies Dream Motel nestled at 1354 US Highway 20, West Winfield NY 13491. This vintage gem built in 1950 features 11 cozy rooms on 1.60 acres of land, offering a tranquil retreat for guests. The property boasts a total of 5,435 SF, exuding a quaint appeal with its one-story layout. Priced attractively at $659,999, this investment opportunity presents a favorable price per key at $60,000. With demographics showing promising median and average household incomes in the vicinity, the potential for a thriving hospitality business is evident. The scenic surroundings and historical allure of the area further enhance the property's charm. Whether you are looking to invest in a nostalgic motel or capitalize on the thriving local tourism scene, Jeannies Dream Motel offers a unique opportunity to own a piece of vintage hospitality in a picturesque setting. Don't miss out on this enchanting property - schedule a viewing today!

FOR SALE DETAILS

PRICE

$659,999 USD

PRICE/SF

$121 USD /SF

# OF ROOMS

11

PRICE/ROOM

$60,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Jeannies Dream Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

43

LAND DETAILS

LAND ACRES

1.6 AC

LAND SF

69,696 SF

ZONING

C

APN/PARCEL ID

215689-138-001-0001-014-000-0000

ASK ABOUT THIS PROPERTY

Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
562-843-3495

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Silvestre Madrigal JrC21 AllStars, Commercial & Investment GroupMore Info
562-843-3495

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