4293 US Route 4 - Hospitality FOR SALE


Mendon, VT 05701
$3,200,000 USD
315-569-1227
4293 US Route 4, Mendon, VT for Sale
$3,200,000 USD
Hospitality - FOR SALE
1/20
null | Request Cap Rate

4293 US Route 4
Mendon, VT 05701


HIGHLIGHTS

  • Close proximity to Killington Resort over 1 Million annual visitors
  • Newly renovated , frame up restoration located in an area with high demand and limited supply
  • Situated on nearly 10 acres allowing for future expansion or out parcel
  • Seller will deliver Certificate of occupancy for lodging facility
  • Seller financing for qualified buyers
  • $90K+ in Key money available from Choice

OVERVIEW

Opportunity Awaits in the Heart of the Green Mountains! Introducing an exceptional investment opportunity—a newly renovated, 36-room hotel on over 9 acres, ideally located in the heart of Vermont’s Green Mountains, ready for an owner operator . The hotel was renovated from the frame up in 2024 and will be ready to open for the 2025 season . Just 12 minutes from the renowned Killington Resort and 6 minutes from Pico Mountain, this property is perfectly positioned to capture the heavy transient business generated by the over 1 million visitors to these world-class ski destinations each year. The property comes fully equipped with a new parking lot, refreshing outdoor pool, and Certificate of Occupancy—making it move-in ready and an excellent choice for immediate operation. Whether you choose to run it as an independent hotel or capitalize on an approved Park Inn by Radisson and other franchise opportunities, the hotel is primed for success. There is $90K+ in key money from Choice Hotels available. Seller financing available for qualified buyers.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$192 USD /SF

# OF ROOMS

36

PRICE/ROOM

$88,889 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Budget Host Killington Lodge

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

C

YEAR BUILT

1981

PARKING SPACES

36

LAND DETAILS

LAND ACRES

9.28 AC

LAND SF

404,391 SF

ZONING

-

APN/PARCEL ID

384-119-12830

ASK ABOUT THIS PROPERTY

John ChristopherJohn P ChristopherMore Info
315-569-1227

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John ChristopherJohn P ChristopherMore Info
315-569-1227

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