$5,925,000

Baymont by Wyndham

The Baymont Queensbury/Lake George has been fully renovated, including: beds, case goods,
carpet, lighting, draperies, bedspreads, desks, flat screen TV’s, microwaves, refrigerators, corridors,
lobby, restaurant, meeting room and more!   The numbers are very strong, and there’s untapped
potential to increase rates and occupancy with a targeted marketing approach.  The renovated
restaurant space and meeting room are available, but this owner has not utilized these spaces
although a thriving restaurant was there a few years back.  The hotel boasts an enormous indoor
swimming pool which insures weekend business all year round, and a huge parking lot that can
accommodate buses and tractor trailer trucks.  In short, this newly renovated hotel is being operated as a rooms only hotel; but has all of the facilities to go after large groups, weddings, social functions and business conferences to increase revenue in addition to potentially leasing out the restaurant to an independent tenant or operator.

For Non-Disclosure Agreement Click Here

Details

Price : $5,925,000
Property Type : Franchise Hotel
Purpose : Buy
Status : Available
Address : Lake George, New York
State : NY
Zip Code : 12845
City : Lake George
No. Guest Rooms : 105
Property ID : 223708

Attachments

Features

Newly renovated with strong financials
Enormous potential to increase revenue with untapped social & business functions
Restaurant space is vacant and ready to be leased to an independent operator
Close to highways, Saratoga Springs, Lake George, and Glens Falls
Easy to run hotel, great for owner/operator or to add to a portfolio
Spacious guest rooms with a full mix of room types and suites

Find on Map

Mitch Muroff
I consent to have this site collect my Name, Email, and Phone.

Compare Listings

Title Price Status Type Area Purpose Bedrooms Bathrooms