CO0148 - OFF MARKET

This is an exceptionally nice motel complex with a AAA® - 3 diamond rating, in continuous operation for over 20 years by the same owner, with impressive financial statements.

There are 10 motel units with kitchenettes and full ceramic baths, four 2 bedroom suites with full baths, two 1 bedroom suites with full bath and one 1 bedroom Jacuzzi suite with full bath. The owner had installed a top of the line phone and voice mail system. Owner occupies a completely remodeled 2 bedroom, 1 1/2 bath residence featuring Adirondack log styling throughout. This is truly a turn-key business... the owner is ready to retire.

The business is situated on 6.90 +/- acres and includes 950' on a private pond. The tennis courts and public beach on Lake Flower are directly across the road. Total taxes are $18,400.

Located on busy Route 86, Saranac Lake.

 

"Same owner for 20 years, now ready to retire!"

 

Motel

 

Apartment

 

Owner

Reference CO0148 Listed at $1,800,000