439 Canada St - Hospitality FOR SALE


Lake George, NY 12845
$2,700,000 USD
617-610-7774
439 Canada St, Lake George, NY for Sale
$2,700,000 USD
Hospitality - FOR SALE
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null | Request Cap Rate

439 Canada St
Lake George, NY 12845


HIGHLIGHTS

  • Great location in America's First Vacation spot!
  • Fantastic Franchise for leisure travelers and business!
  • Indoor & Outdoor Swimming Pools - near beaches!
  • Great potential to increase revenue with onsite manager!
  • Fabulous hotel opportunity for new or experienced hoteliers!
  • Spacious Owners/Managers Apartment above reception!

OVERVIEW

The Baymont Hotel in Lake George, is a smart investment choice for a new or experienced hotelier. As part of the Wyndham Rewards program, you will belong to one of the largest hotel companies on the globe and enjoy the outstanding support afforded to Wyndham franchisees worldwide. This is an easy to manage property, with a mix of interior and exterior corridor guestrooms. There is an elevator that insures convenience and comfort to access its 50 spacious rooms. Go hiking on Prospect Mountain Trail, see spooky monsters at House of Frankenstein Wax Museum, and nab bargains at The Outlets at Lake George. You can also fly above Lake George via Pinky’s Parasailing Adventures or enjoy wine tastings at Adirondack Winery. Kayak though Dunham Bay Marsh and experience an acoustical wonder at Lake George Mystery Spot. This is a great investment for an owner operator as a spacious 3 bedroom apartment sits atop the reception area.

FOR SALE DETAILS

PRICE

$2,700,000 USD

PRICE/SF

$295 USD /SF

# OF ROOMS

50

PRICE/ROOM

$54,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Baymont Lake George

PROPERTY TYPE

Hospitality

ADD'L SUBTYPES

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TOTAL BUILDING SIZE

-

STORIES

3

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1993

PARKING SPACES

48

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,431 SF

ZONING

5

APN/PARCEL ID

522201-251-010-0003-041-000-0000

ASK ABOUT THIS PROPERTY

Mitchell B Muroff, Esq.Muroff Hospitality GroupMore Info
617-610-7774

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Mitchell B Muroff, Esq.Muroff Hospitality GroupMore Info
617-610-7774

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