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1545 Us-9
Lake George, NY 12845
Studio 6 Lake George, NY - Adirondacks · Hospitality Property For Sale
·
23 Rooms
Investment Highlights
- • 44-key hospitality property featuring traditional guestrooms, extended-stay suites, townhouses, condominiums and family accommodations.
- • 14 accommodations with full kitchens create significant extended-stay and off-season rental opportunities.
- • Flexible branding opportunity: continue as Studio 6 / Motel 6, revive the historic Mohican Resort name, or reposition under a new concept.
- • Spacious 5-bedroom owner's residence plus separate 2-bedroom manager's apartment included in the offering.
- • Indoor pool, outdoor pool, fitness center, playground, basketball court, fire pit and extensive guest amenities.
- • Offered at just $2,850,000 with substantial upside potential through active owner-operator management and revenue enhancement.
Executive Summary
Situated on approximately 3.55 acres along busy Route 9 in Lake George, New York, the property enjoys excellent visibility and convenient access to the region's most popular attractions, including Six Flags Great Escape, Million Dollar Beach, the Village of Lake George, Fort William Henry, outlet shopping, restaurants, entertainment venues, and countless Adirondack recreational activities.
Unlike many limited-service lodging properties, the Studio 6 / Motel 6 Lake George offers an unusually diverse mix of accommodations that allows ownership to serve a broad range of customer segments including transient travelers, vacationing families, extended-stay guests, contractors, seasonal workers, relocation guests, and group travelers. This flexibility provides multiple opportunities to maximize occupancy and revenue throughout the year.
A particularly attractive feature of the offering is the inclusion of a beautiful 5-bedroom owner's residence and a separate 2-bedroom manager's apartment, creating a rare opportunity for an owner-operator to live on-site while maintaining direct oversight of operations. For family ownership groups, the property's residential components provide tremendous flexibility and the ability to significantly reduce payroll and management expenses.
The current owners have invested substantial capital into the property and completed extensive improvements since acquiring the asset. As a result, the property is being offered in excellent physical condition with significant upside remaining for a hands-on operator capable of maximizing revenue, controlling expenses, and capitalizing on the property's unique room inventory and amenity package.
The property currently operates under the Studio 6 / Motel 6 brand; however, ownership has retained rights to the historic Mohican Resort name, providing a purchaser with substantial branding flexibility. A new owner may elect to continue with the existing franchise affiliation, revive the long-established Mohican identity, or pursue an alternative branding strategy, subject to applicable approvals.
Lake George remains one of the most recognized vacation destinations in the Northeastern United States, attracting millions of visitors annually from New York City, Boston, Montreal, New Jersey, Connecticut, and throughout the Mid-Atlantic region. The area's enduring popularity, strong tourism infrastructure, natural beauty, boating, hiking, shopping, entertainment, and family attractions continue to generate substantial lodging demand.
For investors seeking a quality hospitality asset with owner housing, strong market fundamentals, branding flexibility, and substantial operational upside, the Studio 6 / Motel 6 Lake George represents a compelling acquisition opportunity.
Property Facts
Amenities
- Fitness Center
- Pool
- Spa
- Indoor Pool
- Outdoor Pool
- Wedding Venue
- Public Access Wifi
- Hot Tub
- Fiber Optic Internet
- On-Site Security Staff
- Locker Room
About 1545 US-9 , LAKE GEORGE, NY 12845
The Studio 6 / Motel 6 Lake George is a 44-unit hospitality property situated on approximately 3.55 acres in the heart of the Lake George tourism corridor. The property consists of multiple lodging buildings arranged in a campus-style setting surrounding an attractive two-story lobby and reception building, creating a welcoming environment for guests while maintaining efficient operations. The property's 44 lodging units feature an exceptionally diverse mix of accommodations rarely found in similarly sized hospitality assets. The unit mix includes: • One 5-bedroom owner's residence with 2½ baths and a full kitchen • One 2-bedroom owner/manager apartment with private balcony and full kitchen • Ten traditional hotel guestrooms with two queen beds • Four traditional hotel guestrooms with one king bed • Ten 2-bedroom family units • Seven efficiency suites featuring two bedrooms and full kitchens • Seven townhouse-style units with two bedrooms, two bathrooms and full kitchens • Four condominium-style units featuring a king bedroom, living room with pull-out sofa and full kitchen This unique room inventory allows ownership to accommodate a broad range of guests, from overnight travelers and weekend couples to vacationing families, group travelers, extended-stay guests, and seasonal occupants. The property's numerous kitchen-equipped accommodations create opportunities for longer-term rentals, workforce housing, contractor lodging, relocation stays, and off-season occupancy that many competing Lake George properties cannot offer. Guest amenities significantly exceed those typically found in limited-service lodging properties and include: • Heated indoor swimming pool • Outdoor swimming pool • Fitness center • Game room • Children's playground • Basketball court • Fire pit and gathering areas • Gazebo and landscaped grounds • Guest laundry facilities • Complimentary parking • Spacious reception and lobby building • Breakfast service area ready for activation The property's attractive campus layout, mature landscaping, and park-like setting create a true resort atmosphere while maintaining operational efficiency. The grounds provide ample space for recreation, guest gatherings, and family activities, helping distinguish the property from traditional roadside lodging competitors. Strategically located along Route 9, guests enjoy immediate access to Six Flags Great Escape, Million Dollar Beach, Lake George Village, outlet shopping, Fort William Henry, restaurants, nightlife, boating, hiking, and the countless attractions that have made Lake George one of the Northeast's premier vacation destinations for generations. Offered at $2,850,000, the Studio 6 / Motel 6 Lake George presents a rare opportunity to acquire a well-maintained hospitality property with substantial owner's housing, multiple revenue opportunities, branding flexibility, and significant upside potential in one of New York's most established tourism markets.
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 23 | $188.00 | - |
Property Taxes
| Parcel Number | 523400-288-008-0001-005-001-0000 | Improvements Assessment | $2,017,000 |
| Land Assessment | $433,000 | Total Assessment | $2,450,000 |
Property Taxes
