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With Times Commercial Realty


Sanjay Gupta
Hotel Motel Specialist


 

Resort for Sale
Upstate New York

129 Deluxe Rooms
Gross Revenues : 5,200,000
Asking Price : $12,800,000

Amenities :

  • 129 Deluxe Rooms Resort hotel
  • Interior corridors
  • 2 Restaurants
  • Bar
  • All the rooms have scenic view of the river
  • Boutique type set up of the hotel with gift shop
  • International water ways fro overseas guest
  • Over 2000 square feet dock space
  • Potential to redevelop more rooms
  • Absentee Ownership
  • Several Jacuzzis
  • Good return
  • Lots of upside
  • Built in mid 80’s

 

Financial Highlights
  • Revenues $4,999,000
  • ADR 170
  • OCCUPANCY 35%
  • Net Operating Income $1,200,000
  • Over $5,000,000 combine Revenues for last many years
Photos of hotel for sale
 

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