Highlights

• Great Location
• 9.9% Cap Rate and 9.9% Cash on Cash Return
• Site Provides Room for Expansion

• Immaculate Condition
• Spectacular Views
• Excellent Investment

Description

Excellent investment. Price reflects 9.9% cap rate and a 14.9% cash on cash return with 20% down based upon a 7% mortgage interest rate. High average daily rate plus an occupancy rate higher than the state average. The 36 individually decorated guest rooms and suites are located in multiple buildings spread over 9.26 acres of sprawling lawns, stunning views, beautiful gardens and in-ground swimming pool. Many of the rooms and suites have either wood-burning or gas fireplaces, jacuzzi or 2 person soaking tubs, and all have patios or balconies. Site provides room for expansion. Original buildings constructed in 1952, additions and renovations made throughout the years, most recently in 2006. The property reflects on-going maintenance & attention to detail. It is in immaculate condition. Full 4 color detailed brochure only available to qualified buyers. Qualification and Confidentiality Agreement Required. Qualification package available upon request.

Located in one of the most desirable resort towns of Southern Vermont with spectacular views of the Green Mountains, yet close to the amenities of the town. Skiing, golfing, and other outdoor activities are available within close proximity.