75 Billings Rd - Hospitality FOR SALE


Plymouth, VT 05056
$3,650,000 USD
603-498-1899
75 Billings Rd, Plymouth, VT for Sale
$3,650,000 USD
Hospitality - FOR SALE
1/6
null | Request Cap Rate

75 Billings Rd
Plymouth, VT 05056


HIGHLIGHTS

  • Great Location
  • Reposition opportunities to other uses

OVERVIEW

Significant reposition opportunity! The former Hawk Inn and Mountain Resort Rare opportunity to revitalize or reposition this iconic resort. Bring it back to its original glory days or other purposes, such as residential, or 55 and older community. The Valley Floor Parcel includes 92.4+/- bucolic acres of land, surrounded by mountain vistas, and includes an existing 50 room hotel, 2 restaurants, the farmhouse/reception building, indoor and outdoor pools along with a diverse and unspoiled natural landscape of meadows, rivers, lakes, ponds and woodlands: lending itself to abundant outdoor recreation. Also includes frontage and access for guests on Amherst Lake. The Forest Preserve Parcel includes 9.2+/- acres of land with approval for a Planned Unit Development (PUD). Currently, a two bedroom second home/cabin and a one bedroom second home/cabin exist and are included in The Forest Preserve. The PUD has approvals for eleven additional one-bedroom second homes/cabins that would also have access to Amherst Lake. The property itself is centrally located to the best of Vermont attractions. It sits between Killington and Okemo Mountain Resort, adjacent to what is known as Skiers Highway, and near the beloved, quaint town of Woodstock.

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$49 USD /SF

# OF ROOMS

50

PRICE/ROOM

$73,000 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Former Hawk Inn and Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1986

PARKING SPACES

55

LAND DETAILS

LAND ACRES

99 AC

LAND SF

4,312,440 SF

ZONING

VR

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Earle WasonWason AssociatesMore Info
603-498-1899

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Earle WasonWason AssociatesMore Info
603-498-1899

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