Muroff Hospitality Group announces sale of the Mohican Resort of Lake George
Lake George, NY Muroff Hospitality Group has completed the sale of The Mohican Resort of Lake George and the 8,000 s/f Boats by George Storage Building, located at 1545 State Rte. 9. Both properties were owned by Chad Nims (1545 State Route 9 LLC). The entire property is 4.69 acres and was recently subdivided to sell the motel property (3.75 acres) to Amit and Payal Kumar and the Boat Storage Building (.94 acre)) to George Pensel (Five Star Marina Properties, LLC). Mitch Muroff of Muroff Hospitality Group represented the seller and secured the buyers in this exclusive listing. The total sales price was $3.1 million ($2.7 million for the motel and $400,000 for the boat storage building).
This well-established, long-time family-owned resort has 44 units, ranging in size from traditional guest rooms to two-bedroom suites, condo-like units, townhouses and a newly renovated four-bedroom home. Additional amenities include outdoor and heated indoor swimming pools, game room, business center, basketball court, BBQ grills, fitness center, park like setting, gazebo, guest laundry, children’s playground, housekeeping, and more. The Mohican Resort is nearby to Great Escape, the Lake George Outlets, Millionaires Beach, Cruise Ships, Village of Lake George, Ft. William Henry, restaurants, shopping, bars and local attractions.
