9071 US Route 9W - Hospitality FOR SALE


Athens, NY 12015
$225,000 USD
518-866-8698
9071 US Route 9W, Athens, NY for Sale
$225,000 USD
Hospitality - FOR SALE
1/31
null | Request Cap Rate

9071 US Route 9W
Athens, NY 12015


OVERVIEW

4 lot pre-approved subdivision totaling 17.4 acres in Athens, NY, Close to Hunter & Windham Ski Resorts. Easy access to NYS Thuway. So many possibilities with this property! Lot 1 consists of an Old Budget Inn that sits up on top of a hill, conveniently back off the road. Property currently has a large horseshoe shaped entry/exit with ample parking and three buildings ready for rehab or teardown. 1st of the 3 buildings is a 2 story single family building. Demo has been done and new roof put on. The 2nd & 3rd buildings are 1 story and consist of what were 15 motel rooms. Both buildings are now gutted, have new roofs and ready to be reconfigured to your liking. Building 3 has a full basement with garage entry. Well on the property is 200 ft deep. 25 Gallsons per min. , condition of septic is unknown. No plumbing, heating or electrical. New survey completed showing this and other lots available. Lot 3 - 3.38 acres estimated value $20,000 Lot 2- 2.53 acres estimated value $20,000 Lot 1- 7.41 acres along with 3 buildings and inground pool - estimated value $165,000 Lot 4 - 3.14 acres with pond. Estimated value $20,000 **Do not enter buildings without consent** Cash only with no contingencies. All lots being offered together. Approval from planning & zoning in place.

FOR SALE DETAILS

PRICE

$225,000 USD

PRICE/SF

$32 USD /SF

# OF ROOMS

17

PRICE/ROOM

$13,235 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Budget Inn & Suites

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1955

PARKING SPACES

28

LAND DETAILS

LAND ACRES

17.4 AC

LAND SF

757,944 SF

ZONING

07

APN/PARCEL ID

192289-121-000-0002-014-000-0000

ASK ABOUT THIS PROPERTY

Jamie SittnerFind Real EstateMore Info
518-866-8698

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Jamie SittnerFind Real EstateMore Info
518-866-8698

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