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West Lake Inn 411 W Lake Dr 17 Room Hotel Montauk, NY 11954 $5,250,000 ($308,824/Room)
EXECUTIVE SUMMARY
This multi-dwelling Motel property offers 8 one bedroom efficiency and 9 studio efficiency accommodations on a .41 acre parcel all in turn-key conditions. The property is located just moments to Montauk Harbor, marinas, shops and restaurants.
PROPERTY FACTS
| Price | $5,250,000 | Building Size | 6,240 SF |
| Price Per Room | $308,824 | No. Rooms | 17 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1967 |
| Property Subtype | Hotel | Parking Ratio | 2.4/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.42 AC | ||
| Zoning | RS | ||
| Price | $5,250,000 |
| Price Per Room | $308,824 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.42 AC |
| Building Size | 6,240 SF |
| No. Rooms | 17 |
| No. Stories | 2 |
| Year Built | 1967 |
| Parking Ratio | 2.4/1,000 SF |
| Corridor | Exterior |
| Zoning | RS |
AMENITIES
- High Speed Internet Access
- Public Access Wifi
ROOM MIX INFORMATION
| DESCRIPTION | NO. ROOMS | DAILY RATE | SF |
|---|---|---|---|
| Suite | 8 | $110.00 | - |
| Guest Room | 9 | $90.00 | - |
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PROPERTY TAXES
| Parcel Number | 0300-011-00-05-00-024-000 | Improvements Assessment | $10,300 |
| Land Assessment | $700 | Total Assessment | $11,000 |
PROPERTY TAXES
Parcel Number
0300-011-00-05-00-024-000
Land Assessment
$700
Improvements Assessment
$10,300
Total Assessment
$11,000
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West Lake Inn | 411 W Lake Dr
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