2624 Rt-40 - Hospitality FOR SALE


Greenwich, NY 12834
$550,000 USD
518-534-3714
2624 Rt-40, Greenwich, NY for Sale
$550,000 USD
Hospitality - FOR SALE
1/13
null | Request Cap Rate

2624 Rt-40
Greenwich, NY 12834


HIGHLIGHTS

  • Turnkey 10-unit motel on State Route 40
  • Well-maintained property with immediate income potential
  • Convenient location in Washington County near Saratoga Springs
  • Positioned to capture seasonal tourism and traveler demand
  • Strong accessibility to regional recreation destinations
  • Manageable asset size ideal for owner-operators or investors

OVERVIEW

Turnkey 10-unit motel investment opportunity located on State Route 40 in Greenwich, NY. This well-maintained property offers immediate income potential with significant value-add upside for a new owner. Opportunities exist to increase revenue through operational improvements, rate adjustments, and expanded Airbnb/short-term rental marketing. Strong location in Washington County convenient to Saratoga Springs, Rensselaer County, and other regional tourism and recreation destinations, allowing it to capture seasonal visitors, travelers, and workforce lodging demand. Ideal opportunity for an owner-operator or hospitality investor seeking a manageable asset with growth potential.

FOR SALE DETAILS

PRICE

$550,000 USD

PRICE/SF

$122 USD /SF

# OF ROOMS

10

PRICE/ROOM

$55,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Sunshine Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1954

PARKING SPACES

12

LAND DETAILS

LAND ACRES

105.6 AC

LAND SF

4,599,936 SF

ZONING

01

APN/PARCEL ID

533489-220-000-0002-021-000-0000

ASK ABOUT THIS PROPERTY

Ryan MortkaRealty One Group KeyMore Info
518-534-3714

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Ryan MortkaRealty One Group KeyMore Info
518-534-3714

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