Excellent Hotel in New York

We represent the owner of the well-known Hotel in New York - a premier boutique hotel, restaurant and bar situated in a very sought-after location. It also has additional houses, land for development, a large pool and other amenities.

This turnkey business offers a seamless blend of luxury accommodations, exceptional dining, and a unique guest experience, immediate profitability and long-term growth.

It is located in an area where many Manhattanites are now vacationing often and living. It is less than 2 hours from Manhattan.

The hotel has had and continues to have very strong, stable profitability. The single-owner is retiring and would like to sell the hotel this year.

Here is some basic information about the hotel.

Property Details:
• Location: 2 hours North from Manhattan
• Number of Rooms: Approximately 20 accommodations. (King sized bed rooms, suites, etc.)
• Ownership: Sole proprietorship (single person)
• In addition to the main building:
5 large houses on 10 acres (that can be rented)
9 additional acres for development
• Main Building Area: The Main Building is on 15 acres
• Amenities: Includes a large pool, restaurant/bar, event spaces, vegetable garden for guests, etc.
• Parking: Very good amount
• Amenities: It has approximately 10 event spaces for weddings, retreats, etc. for up to 200 guests
• There are no liens or judgements on these assets.
• The Gross Income has been approximately $ $1,100,000 annually

The hotel and its amenities priced at $7,000,000
The adjacent and nearby acres of land and the houses priced at $5,000,000

Therefore, the total is $12,000,000. You can buy these separately or together.

Asking Purchase Price: $12,000,000