4858 Route 32 - Hospitality FOR SALE


Catskill, NY 12414
$7,600,000 USD
917-318-1580
4858 Route 32, Catskill, NY for Sale
$7,600,000 USD
Hospitality - FOR SALE
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null | Request Cap Rate

4858 Route 32
Catskill, NY 12414


HIGHLIGHTS

  • Facilities include approximately 52,000 square feet of exhibition.
  • Theater with a capacity of 2000 attendees.
  • Conversion Center and banquet spaces up to 2,000 attendees, two outdoor and two indoor pools, and a spa and fitness area
  • Parking space for eight hundred cars.
  • Easy travel to hotel from Hodson City Amtrac station just 22 minutes
  • 10 commercial units also available for lease at just $6/sf/yr.

OVERVIEW

This is a unique opportunity to invest in a hotel, THE FRIAR TUCK INN, located in the heart of the Catskill Mountains a few minutes from the village of Catskill, Woodstock, Hudson and two prominent ski resorts. With more than 380 hotel rooms, the approximately 382,894 square foot hotel is set on 29.6 sprawling acres which includes a one-acre pond and streams. The hotel offers conference rooms accommodating both small and large groups, 52,000 square feet of exhibit space for trade shows and banquet facilities for 10 to 2,000 attendees. The village offers private cottages and homes for a more private stay at the resort. The property is surrounded by the lush beauty of the Catskill mountains with its rich wildlife and hiking trails, and ski resorts including Hunter Mountain and Windham Mountain. The nearby Hudson River School Art Trail includes the Thomas Cole National Historic Site in Catskill village, plus sites like Kaaterskill Falls and Sunset Rock, which inspired 19th-century landscape painters. The commercial portion of 147,000 square feet is also available for lease.

FOR SALE DETAILS

PRICE

$7,600,000 USD

PRICE/SF

$17 USD /SF

# OF ROOMS

380

PRICE/ROOM

$20,000 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Friar Tuck Inn

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

4

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1970

PARKING SPACES

800

LAND DETAILS

LAND ACRES

29.6 AC

LAND SF

1,289,376 SF

ZONING

02

APN/PARCEL ID

192689-169-000-0004-021-000-0000,192689-169-000-0004-022-000-0000

ASK ABOUT THIS PROPERTY

Xia ChenChous Realty GroupMore Info
917-318-1580

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Xia ChenChous Realty GroupMore Info
917-318-1580

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