Budget Inn & Suites | 9071 US Route 9W
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Budget Inn & Suites 9071 US Route 9W
17 Room Hotel Athens, NY 12015 $460,000 ($27,059/Room)
Executive Summary
4 lot pre-approved subdivision totaling 16.46 acres in Athens, NY, Close to Hunter & Windham Ski Resorts. Easy access to NYS Thuway. So many possibilities with this property! Lot 1 consists of an Old Budget Inn that sits up on top of a hill, conveniently back off the road. Property currently has a large horseshoe shaped entry/exit with ample parking and three buildings ready for rehab or teardown. 1st of the 3 buildings is a 2 story single family building. Demo has been done and new roof put on. The 2nd & 3rd buildings are 1 story and consist of what were 15 motel rooms. Both buildings are now gutted, have new roofs and ready to be reconfigured to your liking. Building 3 has a full basement with garage entry. 2 wells seem to be in good shape, condition of septic is unknown. New survey completed showing this and other lots available.
Lot 3 - 3.38 acres Could be sold separately for $55,000
Lot 2- 2.53 acres could be sold separately for $55,000
Lot 1- 7.41 acres along with 3 buildings and inground pool could be sold separately for $295,000
Lot 4 - 3.14 acres with pond. Could be sold separately for $55,000
**Do not enter buildings without consent**
Lot 3 - 3.38 acres Could be sold separately for $55,000
Lot 2- 2.53 acres could be sold separately for $55,000
Lot 1- 7.41 acres along with 3 buildings and inground pool could be sold separately for $295,000
Lot 4 - 3.14 acres with pond. Could be sold separately for $55,000
**Do not enter buildings without consent**
Property Facts
Price | $460,000 | Lot Size | 17.40 AC |
Price Per Room | $27,059 | Building Size | 7,000 SF |
Sale Type | Investment | No. Rooms | 17 |
Sale Conditions | Building in Shell Condition | No. Stories | 2 |
Property Type | Hospitality | Year Built | 1955 |
Property Subtype | Hotel | Parking Ratio | 2.86/1,000 SF |
Building Class | F | Corridor | Exterior |
Price | $460,000 |
Price Per Room | $27,059 |
Sale Type | Investment |
Sale Conditions | Building in Shell Condition |
Property Type | Hospitality |
Property Subtype | Hotel |
Building Class | F |
Lot Size | 17.40 AC |
Building Size | 7,000 SF |
No. Rooms | 17 |
No. Stories | 2 |
Year Built | 1955 |
Parking Ratio | 2.86/1,000 SF |
Corridor | Exterior |
Amenities
- Pool
- Boutique/Lifestyle Hotel
- Bed & Breakfast
Room Mix Information
Description | No. Rooms | Daily Rate | SF |
---|---|---|---|
Suite | 1 | $40.00 | 1,860 |
Guest Room | 16 | $40.00 | 275 |
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PROPERTY TAXES
Parcel Number | 192289-121-000-0002-014-000-0000 | Improvements Assessment | $180,700 |
Land Assessment | $73,000 | Total Assessment | $253,700 |
PROPERTY TAXES
Parcel Number
192289-121-000-0002-014-000-0000
Land Assessment
$73,000
Improvements Assessment
$180,700
Total Assessment
$253,700
zoning
Zoning Code | 07 (MUC - Mix Use Commercial) |
07 (MUC - Mix Use Commercial) |
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Budget Inn & Suites | 9071 US Route 9W
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