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Saratoga Lake Motel 1192 Route 9P 9 Room Hotel Saratoga Springs, NY 12866 $1,200,000 ($133,333/Room)
EXECUTIVE SUMMARY
Let Saratoga Lake be your inspiration for redeveloping this 10-lot / 3.23 total acre offering in a prime shoreline location on 9P. This is a rare opportunity to transform the highly desirable east side of Saratoga Lake on the site of the Saratoga Lake Motel. An 8-unit motel, cottage and house sit on three of the lots (10, 11 and 12) totaling 1 acre. 82 Rodgers Lane (lots 15, 8, 7) is just over half an acre and connects to town sewer. 73 Hiller Ln and an additional 3 lots offer 50-ft of waterfront for the potential of two new structures. Killer sunset views and amazing lake access. Come survey the parcels and let your ideas flow for bringing new life and value to this very special setting
PROPERTY FACTS
| Price | $1,200,000 | Building Size | 2,464 SF |
| Price Per Room | $133,333 | No. Rooms | 9 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1960 |
| Property Subtype | Hotel | Parking Ratio | 1.11/1,000 SF |
| Building Class | C | Corridor | Interior |
| Lot Size | 2.31 AC | ||
| Zoning | CONF | ||
| Price | $1,200,000 |
| Price Per Room | $133,333 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.31 AC |
| Building Size | 2,464 SF |
| No. Rooms | 9 |
| No. Stories | 2 |
| Year Built | 1960 |
| Parking Ratio | 1.11/1,000 SF |
| Corridor | Interior |
| Zoning | CONF |
AMENITIES
- High Speed Internet Access
- Patio
- Public Access Wifi
- Multi-Room Suites
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 1 | $325.00 | - |
| Guest Room | 8 | $77.00 | - |
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PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $191,500 | |
| Land Assessment | $82,200 | Total Assessment | $273,700 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$82,200
Improvements Assessment
$191,500
Total Assessment
$273,700
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Saratoga Lake Motel | 1192 Route 9P
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