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Listed by Peter Cantine, Halter Associates Realty
THE PHOENICIA LODGE - The perfect marriage of vintage charm and modern convenience is made in this topnotch hospitality property in the heart of the Catskill Mountain Region. Reception, five motel rooms, two suites, six circa 1940 cottages and a garage space are spaced in a park-like setting under towering pines surrounded by hammocks, picnic tables, charcoal grills and a communal fire pit. A short walk brings you to public access to the quintessential Catskill creek, the Esopus, famous for its trout fishing, tubing and bathing. All lodging units have free wi-fi, cable TV and DVD players with free access to a DVD library. All cabins and suites have newly renovated kitchens fully stocked with cookware and dinnerware. Each motel room has its own mini-fridge and old school telephone. Current owner-operators have worked wonders on their watch! Improvements include 7 new roofs; 61 new windows; new stoves, refrigerators and appliances; and new stand by generators that power the entire property when needed. Attention to every detail has cultivated loyal return business contributing to great financials and a 9% CAP rate. There is ample room for growth. An additional two 2 bedroom suites can be monetized the and 1100 square foot brick garage is an event space waiting to happen. Included in the sale: the real property on 2 parcels; fixtures & appliances; furniture, small wares, linens, equipment & supplies for all rental units; DBA, website & social media. Sellers to provide a smooth transition for you to hit the ground running with a positive cash flow on Day 1. Two hours from the GWB, this location truly has it all-world class natural beauty, skiing, hiking, biking, tubing, arts, culture and cuisine all in one amazing place. Near the villages of Phoenicia and Woodstock, Belleayre and Hunter Mountain ski centers and the new Ashokan Rail Trail. This is your opportunity to be a part of it all!

More Info

Basic Information

  • Acreage1.4
  • Lfd WaterMUNICIPAL
  • List Price$2,200,000
  • MLS Number20240671
  • MlsStatusAccepted offer CTS
  • Property TypeHotel/Motel
  • SewerCESS POOL
  • Square Feet8,088
  • TermsCALL LR, TO QUAL. BUYER
  • Units15
  • Year Built1940

Other

  • ElectricityMIXED, 600 AMPS, GENERATOR HOOKUP
  • Lot43
  • Lot Dimensions1.4
  • Lot FeaturesLEVEL
  • Lot SiteHAMLET/VILLAGE
  • Sales Include
    • BLDG
    • BUS NAME
    • EQUIPMENT
    • FIXTURE
    • INVENTORY
    • SUPPLIES
  • Virtual TourView Tour
  • View Count25

Location

  • Address5987 Route 28
  • Area TownSHANDAKEN
  • Building Number5987
  • High School DistrictONTEORA CENTRAL
  • StateNY
  • StreetRoute 28
  • TownPhoenicia
  • Zip12464
  • ZoneHR

Amenities

  • Other AmenitiesBasement

Building

  • ConstructionFRAME/STICK, MASONRY
  • Garage Parking ExtrasParking Spaces 20+
  • Other BuildingsADDITIONAL GARAGE, ADDITIONAL LIVING UNIT, OFFICE

Property

  • Current Business TypeHOTEL/MOTEL

Utilities

  • Cooling Air ConditioningWALL UNIT
  • Heat SourceFORCED AIR, WALL
  • Heating FuelOIL, PROPANE
  • Hot WaterELECTRIC

Phoenicia, NY Demographics

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Phoenicia, NY Real Estate Market Data

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Phoenicia, NY Schools

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