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Browse More Listings in Hotel & Motel For Sale, Wilmington, VT or Vermont

Hotel / Motel For Sale

NORDIC HILLS LODGE - SOLID BUSINESS WITH UPSIDE!!

34 Look Road, Wilmington, VT 05363

Price:
$1,150,000
No. Rooms:
26
Building Size:
15,000 SF
Price/Room:
$44,230.77
Property Type:
Hotel & Motel
Property Sub-type:
Full Service
Property Use Type:
Investment
Average Daily Rate:
$111
Average Occupancy:
29%
No. Stories:
3
Year Built:
1964
Corridor:
Yes
Lot Size:
6.50 AC
Find Out More...

Last Verified 10/29/2009 Listing ID 16238810

Highlights

MANY RECENT UPGRADES INCLUDING NEW ROOF, A.C., POOL & SPA ROOM
SOLID BUSINESS WITH UPSIDE

MINUTES TO WORLD CLASS SKIING AND GOLF

Description

NORDIC HILLS LODGE: 4 hours to NYC; 2.5 hours to Boston, Ma.; 1. 3/4 hours to Hartford, Ct.): Exceptionally well appointed 26 Room full service lodge situated on 6.5 secluded acres (minutes to Mount Snow Ski Resort; Snowmobiling; Championship Golf; Theatre; Antiquing; Lakes and Fishing), licensed for 82 overnight guests and 82 persons for dining. Property features a well equipped commercial kitchen; outdoor swimming pool; indoor spa; two guest lounges, game room and 4 bedroom owner's quarters. The Nordic Hills is in excellent condition with many recent upgrades and a solid business history.

Mount Snow Ski Area in Southern Vermont. Located 4 hours to New York; 2.5 hours to Boston, Ma., 1.5 hours to Albany, NY, 1 3/4 hours to Hartford, Ct. Property is situated on 6.5 acres and minutes to world class skiing, golf, lakes, rivers, shopping, antiquing, summer theater. Mt. Snow features 250+ snowmaking fan guns which are the latest snowmaking technology and the newest Ski and Snowboarding Top to Bottom Terrain Park in the East!

Financial Summary

Debt & Equity Information

Actual
Year
2008
Scheduled Gross Income
$295,324

Map of 34 Look Road, Wilmington, VT 05363 (Windham County)

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Created 5/14/2009

Additional Information for 34 Look Road, Wilmington, VT 05363

Active For Sale - 1 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Hotel & Motel Property For Sale - NORDIC HILLS LODGE - SOLID BUSINESS WITH UPSIDE!!

34 Look Road, Wilmington, VT, 05363