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The Deposit Motel LTD 44 Oak St 12 Room Hotel Deposit, NY 13754 $560,000 ($46,667/Room)
Executive Summary
Prime Investment Opportunity!! Welcome to the Deposit Motel situated in the river town of Deposit, NY.
44 Oak Street | DEPOSIT
$560,000
Prime Investment Opportunity!! Welcome to the Deposit Motel situated in the river town of Deposit NY. Deposit borders the West Branch of the Delaware River, also known for its scenic beauty and world-class trout fishing. It is also surrounded by Summer and Performance Art camps The motel is known for its cozy, clean rooms and welcoming atmosphere. There are 12 rooms with room to grow. 11 parking spaces with a 3-bedroom apartment for family apartment. A rented studio apartment completes the picture. Easy on and off access on RT17 GBAR MLS #335363
Directions to property: From Hancock take 17 west to Deposit Exit 84. Take a right off the exit. See motel on the left
44 Oak Street | DEPOSIT
$560,000
Prime Investment Opportunity!! Welcome to the Deposit Motel situated in the river town of Deposit NY. Deposit borders the West Branch of the Delaware River, also known for its scenic beauty and world-class trout fishing. It is also surrounded by Summer and Performance Art camps The motel is known for its cozy, clean rooms and welcoming atmosphere. There are 12 rooms with room to grow. 11 parking spaces with a 3-bedroom apartment for family apartment. A rented studio apartment completes the picture. Easy on and off access on RT17 GBAR MLS #335363
Directions to property: From Hancock take 17 west to Deposit Exit 84. Take a right off the exit. See motel on the left
Property Facts
| Price | $560,000 | Building Size | 12,500 SF |
| Price Per Room | $46,667 | No. Rooms | 12 |
| Sale Type | Investment | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1964 |
| Property Subtype | Hotel | Parking Ratio | 1.08/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Lot Size | 0.88 AC | Opportunity Zone |
Yes
|
| Price | $560,000 |
| Price Per Room | $46,667 |
| Sale Type | Investment |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 0.88 AC |
| Building Size | 12,500 SF |
| No. Rooms | 12 |
| No. Stories | 2 |
| Year Built | 1964 |
| Parking Ratio | 1.08/1,000 SF |
| Corridor | Exterior |
| Opportunity Zone |
Yes |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 12 | $91.00 | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 123001-367-005-0001-017-200 | Improvements Assessment | $10,500 |
| Land Assessment | $1,800 | Total Assessment | $12,300 |
Property Taxes
Parcel Number
123001-367-005-0001-017-200
Land Assessment
$1,800
Improvements Assessment
$10,500
Total Assessment
$12,300
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The Deposit Motel LTD | 44 Oak St