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The Sunshine Inn 2624 Rt-40 10 Room Hotel Greenwich, NY 12834 $550,000 ($55,000/Room)
Investment Highlights
- Turnkey 10-unit motel on State Route 40
- Convenient location in Washington County near Saratoga Springs
- Strong accessibility to regional recreation destinations
- Well-maintained property with immediate income potential
- Positioned to capture seasonal tourism and traveler demand
- Manageable asset size ideal for owner-operators or investors
Executive Summary
Turnkey 10-unit motel investment opportunity located on State Route 40 in Greenwich, NY. This well-maintained property offers immediate income potential with significant value-add upside for a new owner. Opportunities exist to increase revenue through operational improvements, rate adjustments, and expanded Airbnb/short-term rental marketing. Strong location in Washington County convenient to Saratoga Springs, Rensselaer County, and other regional tourism and recreation destinations, allowing it to capture seasonal visitors, travelers, and workforce lodging demand. Ideal opportunity for an owner-operator or hospitality investor seeking a manageable asset with growth potential.
Property Facts
| Price | $550,000 | Building Size | 4,500 SF |
| Price Per Room | $55,000 | No. Rooms | 10 |
| Sale Type | Investment | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1954 |
| Property Subtype | Hotel | Tenancy | Single |
| Building Class | C | Parking Ratio | 2.71/1,000 SF |
| Lot Size | 105.60 AC | Corridor | Exterior |
| Zoning | 01 | ||
| Price | $550,000 |
| Price Per Room | $55,000 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 105.60 AC |
| Building Size | 4,500 SF |
| No. Rooms | 10 |
| No. Stories | 1 |
| Year Built | 1954 |
| Tenancy | Single |
| Parking Ratio | 2.71/1,000 SF |
| Corridor | Exterior |
| Zoning | 01 |
Amenities
- Spa
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $110.00 | - |
| Guest Room | 9 | $85.00 | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 533489-220-000-0002-021-000-0000 | Improvements Assessment | $407,900 |
| Land Assessment | $78,400 | Total Assessment | $486,300 |
Property Taxes
Parcel Number
533489-220-000-0002-021-000-0000
Land Assessment
$78,400
Improvements Assessment
$407,900
Total Assessment
$486,300
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The Sunshine Inn | 2624 Rt-40
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