Motel with Unparalleled Development Opportunity, 11.3 Acres Mixed-Zoned
Michael Steinberg
America is for Sale! Over 250 businesses closed in two years. Car Wash Investor and CEO of Hedgestone Business Advisors
Nestled atop a hill on 11.3 scenic acres, this Motel presents a unique investment opportunity in the heart of New York’s Lakes region. With breathtaking views, this property offers vast potential for development into a significantly larger hospitality venture.
Property Highlights:
Ratings and Reviews:
These ratings underscore the motel’s reputation for quality and guest satisfaction, factors that promise to benefit the new owner.
Seller Financing: The seller is offering financing options, with $850,000 down, making this an accessible opportunity for those looking to invest in a thriving tourist area.
Opportunity Overview: The Motel represents more than just a business opportunity; it is a chance to own and develop a property in one of New York's most picturesque settings. Whether expanding the current motel or exploring additional residential possibilities, this property promises significant growth and profitability.
Retired hotel developer and consultant, Beechmont Hotels Corporation
6 个月When I am looking to buy a property the very first thing that I want to know is, where is it? Because if the answer to that isn't good, nothing else you can tell me about the property is going to come without a big catch, and nothing personal but I'm not even going to waste my time calling you. I'm a little curious... Why do brokers new to the hotel business attempt to sell properties this way? Who do you think buys them? A serious operator is going to first consider what he can run well. Even if he think he's a turnaround guy like Anthony Melchiorri, location is going to be his first thought re what he _can_ turn around. If you sell to anyone who has experience making numbers work at a hotel, location is the first thing he's going to want to know. If you're selling to just anyone who dreams of an investment or semi retirement opportunity but you don't care what happens to him after he has had it for a few years you're not a good guy. If you're selling to just such a someone, and your assuming making it all work is easy and advising him accordingly, trust me, it takes a little more knowledge and skills than most people have, At least also advise him to get some help from someone he can trust who does know what they're doing.