Motel For Sale - Lake George, New York, NY - Warren County

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

AD/LISTING INFORMATION
Status: Available
State: New York
Location: Lake George Are
County: Warren
City: Lake George
Primary Category: Hotels, Motels, etc.
Alternate Category:   None Given
CONTACT INFORMATION  
USABizMart Ad #:  121916
Seller Or Contact:  Stephen Borgos
Primary Phone:  518-792-6078
Alternate Phone:  None Given
Email Address:  See Form Below
Date Ad Started:  7/6/08
Date Ad Last Revised:   8/19/08

FINANCIAL INFORMATION
Asking Price: $779,000
Down Payment: Call/Email
Annual Revenue: Call/Email
Annual Adjusted Net: Call/Email
   
Price Range: $500,001-$1 Million
DETAILED INFORMATION
Franchise: No
Relocatable: No
Home Based: No
Lifestyle: No
Real Estate Included: Yes
Bkr To Bkr Cooperation: Yes

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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Need financing for your down payment or to buy a business? Use your RETIREMENT FUNDS - 401k, IRA to fund a down payment or to finance the purchase of a business - tax free and penalty free! Call Tracy Piippo now at 800-518-4463 (24 Hr) for a complete information packet and for details on how to utilze your retirement funds without paying taxes and penalties!



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