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2747 State Route 28, Old Forge, NY 13420

$825,000
Property Type: Commercial Sale Square Footage: 8,815 Lot Size (sq. ft.): 108,900 Status: Closed
Current Price: $825,000 List Date: 9/05/2013 Last Modified: 9/02/2024

Description

In excellent condition, the COUNTRY CLUB MOTEL is well established, owners have had the business since 1986. Rooms offer two beds, double or queen, Wi-Fi, flat screen TVs, A/C & self controlled heat, in room coffee, phones, refrigerators and microwaves. There is a heated pool facing the Golf Course and rooms with patios facing the pool. A new building was added in 1990 making the occupancy 27 rooms. An attached three bedroom home offers owners quarters. Owner financing to a qualified buyer.

More Information MLS# 147432

Location, Tax, and Legal

Tax Annual Amount: 9022 Land Tax Annual Amount: 6531 APA: Hamlet Deed Date: 1986-06-01

General Property Information

Tax Assessed Value: 748200 Lot Size Dimensions: 300 x 357 Building Area Total: 8815 Year Built: 1956 Lot Size Acres: 2.5 Water Body Name: None

Status Change Information

Status Change Timestamp: 2016-06-29 Buyer Financing: Conventional Concessions Amount: 0 Major Change Timestamp: 2016-06-29T19:29:00Z Major Change Type: Status Change Under Contract Date: 2016-06-15 Close Date: 2016-06-29 Close Price: 825000

Appliances

Electric Water Heater: 1 Water Heater: 1

Basement

Crawl Space: 1 Full: 1

Construction Materials

2x6 Walls: 1 Wood Siding: 1

Cooling

Window Unit(s): 1

Deed Details

Instrument: deed Page: 832 Volume: 707

Documents Available

Deed: 1

Electric

200+ Amp Service: 1

Financial Details

School Taxes: 2491 Village Taxes: 0

Foundation Details

Block: 1

Frontage Type

Frontage Length: 300

Heating

Hot Water: 1 Propane: 1

Listing Terms

Cash: 1 Owner May Carry: 1

Lot Features

On Golf Course: 1

Parking Features

Off Street: 1

Road Frontage Type

Public: 1

Roof

Composition: 1

Security Features

Carbon Monoxide Detector(s): 1

Sewer

Septic Tank: 1

Special Listing Conditions

Standard: 1

Utilities

Cable Available: 1 Internet Available: 1 Water Connected: 1 Propane: 1

View

Golf Course: 1

Income and Expenses

Gross Income: 241091 Lawn Care/Snow Removal Expense: 0 Insurance Expense: 7144 Maintenance Expense: 32383 Net Operating Income: 50713 Other Expense: 68447 Professional Management Expense: 20000

Tenant Pays

None: 1

Building Features

Swimming Pool: 1

Included

Equipment: 1 Fixtures: 1 Furniture: 1 Inventory: 1

Unit One

Total SqFt: 2384 Unit Name: Bldg 1 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0 Year Built: 1956

Unit Two

Total SqFt: 2970 Unit Name: Bldg 2 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0 Year Built: 1965

Unit Three

Total SqFt: 3456 Unit Name: Bldg 3 Warehouse SqFt: 0 Manufacturing SqFt: 0 Office SqFt: 0 Retail SqFt: 0 Year Built: 1990

Showing Requirements

24 Hour Notice: 1

Contract Information

Current Price: $825,000 Sold Price: $825,000 Status: Closed Listing Contract Date: 2013-09-05 Property Sub Type: Business Listing Agreement: Exclusive Right To Sell

Location Tax and Legal

Street Number: 2747 Street Name: State Route 28 County: Herkimer State: NY Postal Code: 13420 Subdivision Name: None MLS Area Major: Old Forge, Inlet, Eagle Bay, Big Moose Township: Webb School District: Town of Webb UFSD Parcel Number: 041.65-1-39,10 Zoning: Mixed Directions: Through Old Forge to Thendara. Country Club Motel is on the right.

Property Features

Appliances: Electric Water Heater; Water Heater Basement: Crawl Space; Full Building Features: Swimming Pool Construction Materials: 2x6 Walls; Wood Siding Cooling: Window Unit(s) Documents Available: Deed Electric: 200+ Amp Service Foundation Details: Block Heating: Hot Water; Propane Included: Equipment; Fixtures; Furniture; Inventory Listing Terms: Cash; Owner May Carry Lot Features: On Golf Course Parking Features: Off Street Road Frontage Type: Public Roof: Composition Security Features: Carbon Monoxide Detector(s) Sewer: Septic Tank Special Listing Conditions: Standard Tenant Pays: None Utilities: Cable Available; Internet Available; Water Connected; Propane View: Golf Course Showing Requirements: 24 Hour Notice
Listing Courtesy of Timm Associates Sothebys International Realty
IDX
Information deemed reliable but not guaranteed.