6394 NY-86 - Hospitality FOR SALE


Jay, NY 12941
$12,900,000 USD
508-451-0020
6394 NY-86, Jay, NY for Sale
$12,900,000 USD
Hospitality - FOR SALE
1/12
null | Request Cap Rate

6394 NY-86
Jay, NY 12941


HIGHLIGHTS

  • 1185 acres on Bassett Mountain
  • 25,000 SF Lodge with expansion potential
  • Conservation development opportunity
  • Established restaurant, event space, bistro, and craft bar with views of Whiteface Mountain
  • Pool, modern commercial gym, conference and office space
  • Revenue projections and expansion information available on request

OVERVIEW

Located on Bassett Mountain in the heart of the Adirondacks, NewVida Preserve offers an extraordinary place to gather, celebrate, and explore. Currently boasting a 25,000 SF base lodge, 35 miles of trails, and a thriving restaurant, bistro, and bar, NewVida is well positioned to benefit from expansion. With multiple revenue streams, growing regional lodging demand, and tax and grant incentives, there are many possibilities for hospitality based conservation development. Expansion strategy, 3 year projections, and other additional info available on request.

FOR SALE DETAILS

PRICE

$12,900,000 USD

PRICE/SF

$606 USD /SF

# OF ROOMS

14

PRICE/ROOM

$921,429 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

NewVida Preserve

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1989

PARKING SPACES

28

LAND DETAILS

LAND ACRES

1000 AC

LAND SF

43,560,000 SF

ZONING

01 - NOT Z

APN/PARCEL ID

152800-027-001-0002-003-100-0000

ASK ABOUT THIS PROPERTY

Dave KillenLandVestMore Info
508-451-0020

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Dave KillenLandVestMore Info
508-451-0020

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