2206 State Route 9N - Hospitality FOR SALE


Lake George, NY 12845
$10,500,000 USD
617-610-7774
2206 State Route 9N, Lake George, NY for Sale
$10,500,000 USD
Hospitality - FOR SALE
1/40
null | Request Cap Rate

2206 State Route 9N
Lake George, NY 12845


HIGHLIGHTS

  • 274 Acres! Featuring a 34 Acre Resort plus 240 Acres for Development!
  • Regions most complete convention & meeting resort for all groups
  • $5,000,000 in renovations and capital improvements in last 3 years
  • Four Season Resort for Conference and Social Events up to 700
  • Enormous Potential to introduce and rebrand this amazing Resort
  • Stunning Views and Incomparable Event Space in the Adirondacks

OVERVIEW

Roaring Brook Ranch Resort is an uncommon retreat in a breathtaking woodland setting. Adventurers love the resort’s location just 2 miles from Lake George Beach State Park and 8 miles from Prospect Mountain. Muroff Hospitality Group is proud to have been selected as the exclusive brokerage firm for this exceptional 274 acre property. The Resort sits on approximately 34 acres, and the balance of the adjacent two parcels (240 Acres) can be thoughtfully re-developed into residential and vacation homes and complementary uses to the Resort. The Ranch has been carefully renovated to create a unique retreat; designing its new rooms and common areas to be both beautiful and comfortable while paying tribute to the area’s history. 100 guest rooms have been completely reimagined, while two buildings with an 35 additional guest rooms are not yet in service. The Resort is currently closed and recent financials not available. A new owner should approach this opportunity with a vision for redevelopment of the property while incorporating the existing Adirondack resort.

FOR SALE DETAILS

PRICE

$10,500,000 USD

PRICE/SF

$68 USD /SF

# OF ROOMS

135

PRICE/ROOM

$77,778 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Roaring Brook Ranch Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1946

PARKING SPACES

278

LAND DETAILS

LAND ACRES

273.13 AC

LAND SF

11,897,619 SF

ZONING

Commercial

APN/PARCEL ID

522289 277.01-1-9.1,522289 277.01-1-9.2,522289 277.01-1-9.3

ASK ABOUT THIS PROPERTY

Mitchell B Muroff, Esq.Muroff Hospitality GroupMore Info
617-610-7774

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Mitchell B Muroff, Esq.Muroff Hospitality GroupMore Info
617-610-7774

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.