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The Mountain Road Resort 1007 Mountain Rd 30 Room Hotel Stowe, VT 05672 $9,250,000 ($308,333/Room)
Investment Highlights
- Prime Redevelopment Opportunity In Stowe
- Stowe is #1 in Room Revenue for State of Vermont
- Close to Stowe Mountain Resort, on bus route to mountain
Executive Summary
This is a rare opportunity to acquire a development parcel in what is internationally know as “The Ski Capital of the East”. This sixteen acre Stowe, VTproperty has a storied history as a resort destination and is centrally located between the downtown and mountain ski area. Current zoning allows up to 72 room keysand 9 homesites. Stowe hosts nearly a million visitors annually, with 60% seen in non-winter months. The town of Stowe has the highest grossing room revenue in theState.
Property Facts
| Price | $9,250,000 | Building Size | 17,981 SF |
| Price Per Room | $308,333 | No. Rooms | 30 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1990 |
| Property Subtype | Hotel | Parking Ratio | 1.11/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 16.48 AC | ||
| Zoning | C-1 - Commercial | ||
| Price | $9,250,000 |
| Price Per Room | $308,333 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 16.48 AC |
| Building Size | 17,981 SF |
| No. Rooms | 30 |
| No. Stories | 1 |
| Year Built | 1990 |
| Parking Ratio | 1.11/1,000 SF |
| Corridor | Exterior |
| Zoning | C-1 - Commercial |
Amenities
- Pool
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 6 | $219.00 | - |
| Guest Room | 24 | $119.00 | - |
1 1
Property Taxes
| Parcel Number | 621-195-12028 | Improvements Assessment | $1,676,000 |
| Land Assessment | $2,700,000 | Total Assessment | $4,376,000 |
Property Taxes
Parcel Number
621-195-12028
Land Assessment
$2,700,000
Improvements Assessment
$1,676,000
Total Assessment
$4,376,000
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Videos
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Photos
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The Mountain Road Resort | 1007 Mountain Rd
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