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The Preserve on the Battenkill 935 State Route 313

5 Room Hotel Cambridge, NY 12816 $2,295,000 ($459,000/Room) 10.87% Cap Rate

Investment Highlights

  • Beautiful property boasting the finest in luxury glamping!
  • Enormous potential to expand from 20-35 units and more!
  • Incredible profit margins for glamping in luxury market!
  • Everything is brand new and ready to go for 2024 season!
  • Great opportunity for new or seasoned camping operator!
  • Amazing location between NYC, Boston, VT & Montreal!

Executive Summary

The Preserve at Battenkill River is a brand new, stunning eco-glamping resort located within a few hours drive of New York City, Montreal and Boston. It opened its inaugural season in late summer, 2023. This gorgeous 81.68 acre property is nestled between the Green Mountain National Forest and the Adirondack Mountain State Park, bordering Vermont. Deluxe outfitted tent cabins with private bathrooms offer large decks overlooking the river, a private gas grill and smokeless open fire cooking pits, and more. Whether seeking a quiet place to read along the river bank, an invigorating hike or fishing from the clean clear waters of the Battenkill, a deluxe tent cabin can serve as an ideal home base. Our rustic river front cabins are fully furnished and have all you need to enjoy riverfront living. These cabins are steps from the river’s edge and offer our most private accommodations. The rustic river front cabins are fully furnished and have all you need to enjoy riverfront living. These cabins are steps from the river’s edge and offer our most private accommodations. A glamping pod that blends with nature. The glamping pods will take you into the wild with a hotel-room comfort. With nearly half of the dome’s surface clear, you will be as close to nature as it takes, yet feeling completely safe and cozy.
With its cozy, upholstered and insulated interior, The Glamping Pod is the perfect intimate space for couples and offers 180° panoramic views of the surroundings. At night it allows you to lay under the stars and gaze upon the stunning views of the night sky. The off grid travel trailers are placed along the forested river bank. They include bathrooms, full kitchens, air-conditioning and heating and all the amenities you would expect in an RV. Enjoy a more traditional camping experience without foregoing any of the basic amenities.

Property Facts

Price $2,295,000
Price Per Room $459,000
Sale Type Investment
Cap Rate 10.87%
Sale Conditions Business Value Included
Property Type Hospitality
Property Subtype
Hotel
Building Class B
Lot Size 86.00 AC
Building Size 4,398 SF
No. Rooms 5
No. Stories 1
Year Built 2023
Corridor Exterior

Amenities

  • Restaurant
  • On-Site Retail
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

About 935 State Route 313 , Cambridge, NY 12816

Muroff Hospitality Group is proud to present on an exclusive basis the sale of The Preserve at Battenkill River. The Preserve is a unique riverfront luxury camping experience, which includes our fully outfitted wood-framed tent cabins featuring their own private bathrooms, a star gazing geodesic dome, rustic riverside cabin and a riverside off grid travel trailer. Guests can kayak, canoe or tube from the property and wade into the waters of the Battenkill. They can enjoy mountain biking, grilling, fire pits, fishing, and the fresh air of the great outdoors! The Preserve is a private 81.68 acre riverfront sanctuary surrounded by thousands of acres of state park land, boasting on site trophy trout fishing, bird watching, abundant nature, dark night skies, river tubing and kayaking. In the area you can enjoy local breweries, fiber and cheese tours, theater, horse racing in Saratoga Springs New York, hiking, skiing, antiquing, outlet shopping in Manchester Vermont, and so much more. Wander up to Provisions our outdoor dining bistro and stay awhile. Provisions serves a range of farm to table staples utilizing as many local ingredients as possible and in high season is open seven days a week for breakfast and dinner. Provisions also offers a broad selection of beer, wine and liquor so that you can enjoy a local craft brew, glass of wine or evening aperitif with your meal or simply relaxing on the large deck or in the Pavilion. Take your bike or enjoy the ¼ mile walk to the Outpost Resort Store where you will be able to purchase all of the essentials, local produce and unique locally crafted products. The outpost is also where our concierge services are located to assist you in booking our curated list of Vermont and upstate New York adventures and experiences. Whether you just want to unwind and enjoy the peace that nature has to offer or you are looking for a an adventure, we have something for everyone. Onsite enjoy fishing, camp fires, grilling, our pavilion area featuring pizza ovens, food truck, putting range, and yard games. Talk with our front desk concierge to plan nearby activities such as hiking, horseback riding, farm tours, biking, kayaking, canoeing, wine tasting, and so much more

Room Mix Information

Description No. Rooms Daily Rate SF
Guest Room 5 $240.00 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
534200-249-000-0002-005-000-0000
Land Assessment
$167,500
Improvements Assessment
$4,600
Total Assessment
$172,100

zoning

Zoning Code Residential
Residential
  • Listing ID: 31198835

  • Date on Market: 3/12/2024

  • Last Updated:

  • Address: 935 State Route 313, Cambridge, NY 12816

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