| PROFILE: 27 Unit Motel And Cabins, With Owner's Home! |

| Status: |
Available |
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| State: |
New York |
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| Location: |
Lake George Are |
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| County: |
Warren |
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| City: |
Lake George |
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| Primary Category: |
Hotels, Motels, etc. |
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| Alternate Category: |
None Given |
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| USABizMart Ad #: |
121916 |
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| Seller Or Contact: |
Stephen Borgos |
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| Primary Phone: |
518-792-6078 |
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| Alternate Phone: |
None Given |
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| Email Address: |
See Form Below |
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| Date Ad Started: |
7/6/08 |
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| Date Ad Last Revised: |
8/19/08 |
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| Asking Price: |
$779,000 |
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| Down Payment: |
Call/Email |
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| Annual Revenue: |
Call/Email |
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| Annual Adjusted Net: |
Call/Email |
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| Price Range: |
$500,001-$1 Million |
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| Franchise: |
No |
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| Relocatable: |
No |
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| Home Based: |
No |
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| Lifestyle: |
No |
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| Real Estate Included: |
Yes |
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| Bkr To Bkr Cooperation: |
Yes |
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DESCRIPTION: 27 Unit Motel And Cabins, With Owner's Home! 2.5 Miles South Of Lake George On Busy Route 9. Less Than 1/2 Mile North Of Factory Outlet Center At Adirondack Northway Exit 20. 1/4 Mile North Of Route 149 Intersection. Route 149 Is The Main Road To Vermont From Lake George And The Adirondack Northway.
Over 3 Acres Of Land, With Over 550 Feet Of Road Frontage, Lots Of Flowers. 8 Large, Modern, All Year Studio Apartments With Full Kitchen. Owner's Home Is All Year. Cabins Are Seasonal Only. Large Swimming Pool And Room To Walk.
Zoning Is Highway Commercial - Intensive, Which Provides Opportunity To Replace Some, Most Or All Existing Buildings With New Accommodations Or Other Commercial Use.
Opportunity To Replace Some Units And/Or Expand Business. There Is Traffic All Year, And Construction Of New Motels Has Brought Renewed Attention To This Area. Ample Demand For Rooms Creates Opportunity To Compete With Larger Properties With Lower Rates. |



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