NewVida Preserve 6394 NY-86
14 Room Hotel Jay, NY 12941 $12,900,000 ($921,429/Room)
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INVESTMENT HIGHLIGHTS
- 1185 acres on Bassett Mountain
- Conservation development opportunity
- Pool, modern commercial gym, conference and office space
- 25,000 SF Lodge with expansion potential
- Established restaurant, event space, bistro, and craft bar with views of Whiteface Mountain
- Revenue projections and expansion information available on request
EXECUTIVE SUMMARY
Located on Bassett Mountain in the heart of the Adirondacks, NewVida Preserve offers an extraordinary place to gather, celebrate, and explore. Currently boasting a 25,000 SF base lodge, 35 miles of trails, and a thriving restaurant, bistro, and bar, NewVida is well positioned to benefit from expansion. With multiple revenue streams, growing regional lodging demand, and tax and grant incentives, there are many possibilities for hospitality based conservation development. Expansion strategy, 3 year projections, and other additional info available on request.
PROPERTY FACTS
Price | $12,900,000 |
Price Per Room | $921,429 |
Sale Type | Investment |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | B |
Lot Size | 1,000.00 AC |
Building Size | 21,284 SF |
No. Rooms | 14 |
No. Stories | 2 |
Year Built/Renovated | 1989/2023 |
Parking Ratio | 1.32/1,000 SF |
Corridor | Interior |
AMENITIES
- Balcony
- Fitness Center
- Restaurant
- High Speed Internet Access
- Patio
- Indoor Pool
- Public Access Wifi
- Smoke-Free
- Fully-Equipped Kitchen
- Multi-Room Suites
ROOM MIX INFORMATION
DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
---|---|---|---|
Suite | 3 | $922.00 | - |
Guest Room | 11 | $535.00 | - |
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ZONING
Zoning Code | 01 - NOT Z (Flexible zoning in Jay, NY allows for multiple uses.) |