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… Read More 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. Read Less
Courtesy of Ryan Mortka (518-534-3714), Realty One Group Key.
Listing Snapshot
Days Online
0
Last Updated
Property Type
Hotel-Motel
Square Ft.
4,500
Lot Size
3.61 Acres
Year Built
1990
MLS Number
202613003
30 Days Snapshot Of 12834
$396k
+83%
(avg) sold price
3
+50%
homes sold
202
+215%
(avg) days on market
Snapshot
Area Map
Additional Details
Building
Building Area Total: 4,500, Construction Materials: "Other", "Vinyl Siding", Living Area: 4,500, Year Built: 1990, 1 story
Cooling
Cooling Included, Cooling: "Ductless"
Exterior Features
Other Equipment: "Other"
Heating
Heating: "Electric", "Propane Tank Owned", Heating Included
Business Type: "Hotel/Motel", Current Use: "Motel", Other Structures: "Shed(s)", Parcel Number: 533489 220.-2-21, Possible Use: "Hotel/Motel", Property Sub Type: Hotel-Motel, Zoning: Commercial
Roof
Roof: "Shingle", "Asphalt"
Sewer
Sewer: "Septic Tank"
Taxes
Annual Amount: $10,700, Tax Lot: 21
Utilities
Water Source: "Well"
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