1545 Us-9 - Hospitality FOR SALE


Lake George, NY 12845
$3,599,000 USD
518-796-9068
1545 Us-9, Lake George, NY for Sale
$3,599,000 USD
Hospitality - FOR SALE
1/53
null | Request Cap Rate

1545 Us-9
Lake George, NY 12845


HIGHLIGHTS

  • Newly Updated Guest Rooms
  • Beautiful Indoor & Outdoor Swimming Pools
  • Many Different Floor Plans & Budgets to Choose From
  • Centrally Located

OVERVIEW

Excellent Resort Business and Real Estate Investment Opportunity in Lake George, NY. The Mohican Motel Resort currently possesses 44 units with the ability to expand to 51 units. Units available are of a variety of sizes. 3.75 acres with 50,025 sqft of paved or gravel area and building footprint of 35,728sqft. 7 Total buildings. One outdoor pool and one indoor heated pool. Game Room. Picnic and Play area. Basketball Court. Home for owner/operator or Rental. The seller has made substantial investment in updating units and maintenance. Close to Lake George, ADK Mountains and attractions. Walking distance to restaurants and The Outlets of Lake George! Partners with West Mountain for Ski Vacations. Minutes from I 87. Ideal investment in a highly desirable destination. EXCELLENT LOCATION!

FOR SALE DETAILS

PRICE

$3,599,000 USD

PRICE/SF

$39 USD /SF

# OF ROOMS

44

PRICE/ROOM

$81,795 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Mohican Resort Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1930

PARKING SPACES

30

LAND DETAILS

LAND ACRES

3.75 AC

LAND SF

163,350 SF

ZONING

CI

APN/PARCEL ID

523400-288-008-0001-005-001-0000

ASK ABOUT THIS PROPERTY

Daniel DaviesDavies-Davies & AssociatesMore Info
518-796-9068

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

Daniel DaviesDavies-Davies & AssociatesMore Info
518-796-9068

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