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Hotels For Sale In New York

Address: 498 Chestnut St
Sharon Springs, NY 13459
Brand: Independent
Units: 17
Rate: $99.00
Asking Price: $665,000.00

Other Features or Comments about the Hotel / Motel / Bed & Breakfast for Sale:

Profitable 17 unit motel located on highly visible US Highway 20. Close proximity to I-90 and I-88 with easy access to Cooperstown and Cobleskill attractions. This national chain motel has a very high average daily rate (ADR) due to seasonal tourism associated with the National Baseball Hall of Fame and Howe Caverns. Potential to earn more with potential income from a 7 Bedroom/ 2.5 Bath Victorian guest home on the property. Motel is closed for winter in the months of Feb and March. 24 Hr notice desired. Gross revenue has been over $180k/yr for the past 3 years.

Hotel For Sale In NY

Seller Information

Contact Name:
James M Fernandez
Prudential Fox Properties
46 Pioneer St
Cooperstown, New York 13326
Phone Number
Fax Number
607-267 6169
607-547 2006

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Last Revised:  March 12, 2010

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