Lovely, immaculate 16 room motel perfect for starter couple or 1st time hospitality investor. Meticulously maintained by same owners for 17 years. Sale includes a wonderful adjoining 3 bdrm, 3 bath fully furnished home and pick up truck. Truly a "turn key" opportunity. Motivated Seller looking to make a deal.
On Route 11 - just off Route 7 - In the heart of ski country with easy access to Bromley and Stratton.
Great frontage on Route 11. Beautiful Bromley Brook runs behind property. With a total of 3.8 acres, there's plenty of room to expand the motel or further develop the additional acreage.
- 2 story interior corridor building with 16 immaculate rooms
- 3.8 acres which allows for possible expansion or development
- Adjoining home added only 10 years ago features beautiful open concept living/dining/kitchen area, Master Suite, 2 guest bedrooms, 3 baths, heated garage, outdoor decks overlooking stream and mountains
- Business Consistenly generates over $235K annually
- NOI over $155,000
- Asking Price $1.4M
- New Roof
- New Heating System
- Completely renovated outdoor pool area
- Newly repaved Parking lot
- Entire property has beautiful mountain views
- Only 15 minutes to skiing at Bromley and 30 minutes to Stratton Mountain
- Only 10 minutes to Outlet Shopping and heart of Manchester