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    1449 State Route 9

    Lake George, NY 12845
    • $1,999,900
    • STATUS: Active
    • MLS #: 202023937
    Price Reduced
    $1,999,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 21,302
      SQFT
    • $94
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1987
    County:

    School Ratings & Info

    Description

    Turn Key Econolodge completely renovated in 2017. This 37 room hotel generates over $200K NOI, PIP fully complete, FF&E included. Renovated 1 bedroom apartment with full kitchen for manager (option for another bedroom), in-ground pool, perfect location in the middle of the Lake George outlets and 149 to Vermont. 12% cap rate!

    Monthly Payment Calculator



    © 2020 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2020-09-23T00:12:22.683.
    www.518realty.com/homes/108347957
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    1449 State Route 9 Lake George, NY 12845

    • Price: $1,999,900
    • Status: Active
    • MLS #: 202023937
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    21,302
    SQFT
    $94
    $/SQFT
    1987
    Built
    Neighborhood:
    Queensbury, Town (752)
    County:
    Warren
    Area:
    Queensbury, Town (752)
    Property Description
    Turn Key Econolodge completely renovated in 2017. This 37 room hotel generates over $200K NOI, PIP fully complete, FF&E included. Renovated 1 bedroom apartment with full kitchen for manager (option for another bedroom), in-ground pool, perfect location in the middle of the Lake George outlets and 149 to Vermont. 12% cap rate!
    Exterior Features

    Exterior FrameMulti-Story Foundation Block Garage Description Detached Lot 1.01 ACRES Parking Paved Property Type Motels/Hotels Roof Asphalt Shingle Waterfront No Waterfront

    Interior Features

    Amps 400 Building Available Sq Ft 21302 Condition Excellent Elevator Desc Lake George Handicap Access Yes Office Available Sq Ft 1500 Retail Available Sq Ft 0 Sprinklers Y Warehouse Available Sq Ft 0

    Property Features

    Amenities CarpetingPool SignSecurity SystemSign-Free StandingSign-RoofSprinkler System Basement Full Business Name Econo Lodge City Town Taxing Entity Lake George Tov Cooling Type Ductless (Cooling) Heat Fuel ElectricityNatural Gas Heating System BaseboardDirect VentHeat PumpHot Air Sewer Public Special Market Conditions No Special Conditions Style HotelMotel Total Taxes 22605 Total Taxes Description Actual Use HotelMotel Utilities Cable Tv AvailableDslElectricityFiosInternetNatural GasSewerTelephoneWater Water Public Year Established 1982

    Listing information © 2020 Global MLS.
    Listing provided courtesy of Philip Wagner of Oxford Property Group Usa: 212-300-6412.



    © 2020 Global Multiple Listing Service, Inc. The data relating to real estate on this website comes in part from the Internet Data Exchange program of the GMLS. All information is deemed reliable but not guaranteed and should be independently verified. All properties subject to prior sale, change, or withdrawal. Neither listing broker(s), GMLS shall be responsible for any typographical errors, misinformation, or misprints, and shall be held totally harmless from any damages arising from reliance upon these data. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties they may be interested in purchasing. Data last updated 2020-09-23T00:12:22.683.
     
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