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Budget Inn & Suites 9071 US Route 9W 17 Room Hotel Athens, NY 12015 $225,000 ($13,235/Room)
Executive Summary
4 lot pre-approved subdivision totaling 17.4 acres in Athens, NY, Close to Hunter & Windham Ski Resorts. Easy access to NYS Thuway. So many possibilities with this property! Lot 1 consists of an Old Budget Inn that sits up on top of a hill, conveniently back off the road. Property currently has a large horseshoe shaped entry/exit with ample parking and three buildings ready for rehab or teardown. 1st of the 3 buildings is a 2 story single family building. Demo has been done and new roof put on. The 2nd & 3rd buildings are 1 story and consist of what were 15 motel rooms. Both buildings are now gutted, have new roofs and ready to be reconfigured to your liking. Building 3 has a full basement with garage entry. Well on the property is 200 ft deep. 25 Gallsons per min. , condition of septic is unknown. No plumbing, heating or electrical. New survey completed showing this and other lots available.
Lot 3 - 3.38 acres estimated value $20,000
Lot 2- 2.53 acres estimated value $20,000
Lot 1- 7.41 acres along with 3 buildings and inground pool - estimated value $165,000
Lot 4 - 3.14 acres with pond. Estimated value $20,000
**Do not enter buildings without consent**
Cash only with no contingencies. All lots being offered together. Approval from planning & zoning in place.
Lot 3 - 3.38 acres estimated value $20,000
Lot 2- 2.53 acres estimated value $20,000
Lot 1- 7.41 acres along with 3 buildings and inground pool - estimated value $165,000
Lot 4 - 3.14 acres with pond. Estimated value $20,000
**Do not enter buildings without consent**
Cash only with no contingencies. All lots being offered together. Approval from planning & zoning in place.
Property Facts
| Price | $225,000 | Lot Size | 17.40 AC |
| Price Per Room | $13,235 | Building Size | 7,000 SF |
| Sale Type | Investment | No. Rooms | 17 |
| Sale Condition | Redevelopment Project | No. Stories | 2 |
| Property Type | Hospitality | Year Built | 1955 |
| Property Subtype | Hotel | Parking Ratio | 2.86/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | 07 - MUC - Mix Use Commercial | ||
| Price | $225,000 |
| Price Per Room | $13,235 |
| Sale Type | Investment |
| Sale Condition | Redevelopment Project |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 17.40 AC |
| Building Size | 7,000 SF |
| No. Rooms | 17 |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 2.86/1,000 SF |
| Corridor | Exterior |
| Zoning | 07 - MUC - Mix Use Commercial |
Amenities
- Pool
- Boutique/Lifestyle Hotel
- Bed & Breakfast
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Suite | 1 | $40.00 | 1,860 |
| Guest Room | 16 | $40.00 | 275 |
1 1
Property Taxes
| Parcel Number | 192289-121-000-0002-014-000-0000 | Improvements Assessment | $180,700 |
| Land Assessment | $73,000 | Total Assessment | $253,700 |
Property Taxes
Parcel Number
192289-121-000-0002-014-000-0000
Land Assessment
$73,000
Improvements Assessment
$180,700
Total Assessment
$253,700
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Budget Inn & Suites | 9071 US Route 9W
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