487 Old Route 23, Acra, NY 12405 (MLS# 20204533)
$1,960,000
Acra, NY 12405
MLS# 20204533
Status: Closed
35672 sqft
1 / 34
Property Description
Investors Delight! This Resort/Inn has been a Hudson Valley favorite since 1948. A vacation destination for weddings, family reunions or simply a weekend retreat nestled in scenic New York State. Consisting of 3 buildings with 51 rooms, some adjoining for large parties. Each guest room is equipped with AC, cable, phone and WiFi on site. This hotel property has the capacity to entertain over 250 guests in the dining room. Separate dance floor and stage for entertainment. Fully equipped, oversized commercial kitchen with a separate dessert area to support the largest of kitchen personnel. Stunning bar/lounge with full liquor license. Onsite Coffee shop equipped with a grill with 2 side burners, coffee makers, convection oven for lunch and more! Owner/staff quarters located above the Main building boasts 5 Bedrm/2 Bath. Relax outside by the Firepit and enjoy captivating views of the Catskill Mountains. Pavilion with outdoor picnic area. Currently operated as a summer resort, but can easily become a year round destination vacation resort! Enjoy multiple amenities including tennis, indoor/outdoor heated pool, jacuzzi, sauna, playground, basketball, volleyball, game room, fitness center and more! Don't miss this spectacular opportunity to own the best value resort in the Catskills!
Details
Contract Information
Current Price: $1,960,000
Original List Price: 2950000
Sold Price: $1,960,000
Status: Closed
Listing Contract Date: 2020-10-17
Property Sub Type: Business
Listing Agreement: Exclusive Right To Sell
Owner Name: Fede Family Trust
Owner Phone: 8009332272
General Property Information
Number Of Units Total: 51
Living Area: 35672
Year Built: 1948
Lot Size Acres: 16.5
Lot Size Dimensions: 16.50
Sign On Property YN: No
List Price/SqFt: 70.08
Sold Price/SqFt: 54.95
Remarks and Miscellaneous
Public Remarks: Investors Delight! This Resort/Inn has been a Hudson Valley favorite since 1948. A vacation destination for weddings, family reunions or simply a weekend retreat nestled in scenic New York State. Consisting of 3 buildings with 51 rooms, some adjoining for large parties. Each guest room is equipped with AC, cable, phone and WiFi on site. This hotel property has the capacity to entertain over 250 guests in the dining room. Separate dance floor and stage for entertainment. Fully equipped, oversized commercial kitchen with a separate dessert area to support the largest of kitchen personnel. Stunning bar/lounge with full liquor license. Onsite Coffee shop equipped with a grill with 2 side burners, coffee makers, convection oven for lunch and more! Owner/staff quarters located above the Main building boasts 5 Bedrm/2 Bath. Relax outside by the Firepit and enjoy captivating views of the Catskill Mountains. Pavilion with outdoor picnic area. Currently operated as a summer resort, but can easily become a year round destination vacation resort! Enjoy multiple amenities including tennis, indoor/outdoor heated pool, jacuzzi, sauna, playground, basketball, volleyball, game room, fitness center and more! Don't miss this spectacular opportunity to own the best value resort in the Catskills!
Status Change Information
Major Change Timestamp: 2021-06-04T00:19:49Z
Major Change Type: Status Change
Status Change Timestamp: 2021-06-03
Purchase Contract Date: 2021-04-07
Close Date: 2021-06-03
Close Price: 1960000
Buyer Financing: Cash
Book Information
Liber/Book: 746
Page: 261
Section: 82.04
Showing Information
Showing Instructions: Call LA for Appt.
Historical Information
UC Public Historical Remarks: Garage/Parking Extras: LOT-PAVED, Age: 61-100, Water Source: Dug Well
Location Tax and Legal
Street Number: 487
Street Name: Old Route 23
County: Greene
State: NY
Zip Code: 12405
Town (Taxable): Greene
Property Features
Appliances: Water Heater; Other
Building Features: Includes Deck; Includes Patio; Public Restroom(s); Skylight(s); Storage
Business Type: Bar/Tavern/Lounge; Hotel/Motel; Liquor Store; Residential; Resort
Construction Materials: Frame
Cooling: Ductless
Documents Available: Survey
Flooring: Carpet; Ceramic Tile; Concrete
Foundation Details: Slab
Heating: Ductless; Heat Pump; Propane
Listing Terms: Cash
Location: Rural
Lot Features: Landscaped; Private
Other Structures: Cabana; Other
Road Frontage Type: State Road
Security Features: Fire Alarm; Security System; Smoke Detector(s)
Sewer: Other
Showing Requirements: Appointment Only; Call Listing Agent
Sale Includes: Building; Equipment; Inventory; Supplies
Listing Courtesy of unknownoffice
Listing Agent: unknownagent unknownagent