Motel With Unparalleled Development Opportunity For Sale

New York

Seller Financing Available

listing image
Asking Price:$1,700,000
Gross Revenue:$149,999
Cash Flow:$48,000
BUSINESS DESCRIPTION

HS Listing - 41142

Potential to build 100-room property with breathtaking views.

Mixed Zoned Residence and Commercial.

Small 8 room motel on 11.3 acres overlooking the largest Finger Lake.

Current motel generates $150k in revenue, $48k adjusted net.

Property also features a 7-bedroom residential house.

Located within minutes of numerous wineries, waterfalls and state parks.

With 1/2 down, seller financing is available for the balance.

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION


DETAILED INFORMATION
Location
New York
Inventory
Not Included in asking price
Real Estate
Owned
Support & Training
Yes.
Reason for Selling
Other business interests.
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Brian
Dunn
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Brian Dunn