PROPERTY FOR SALE: NEW YORK
Location: Upstate New York
Number of Units: 24, plus Dining Room/Tap Room
Year Constructed: 1910
Corridors: Interior
# of Stories: 4
Chain Affiliated ? : No
Cost to Transfer Franchise: N/A
AAA Rated ? : No
Asking Price: $ 1,380,000
Gross Rooms Revenue: $ 206,351 *
Gross F&B Revenue: $ N/A
Gross Other Revenue: N/A
Annual Property Taxes: $ 13,647
Annual Insurance Costs: $ 4,345
Seller/Private Financing Available ?: No
Other Property Included: N/A
* - Notes Regarding Revenue: please make inquiry and contact seller regarding revenue. These past revenue
figures by no means represent what the potential revenue of this property could be in the future, under new management.
Other Information: This historical property is located in beautiful upstate New York. It features 24 guest rooms,
12 guest rooms on the 2nd floor, one being the bridal suite with a great view of the Courthouse, Park, Village Clock
and a historic Church. This suite has a bay window, as seen on the exterior view of the property. The 3rd floor
also has 12 beautiful rooms as depicted by the picture above. Also within is a formal Dining Room with a fireplace,
and a Tap Room with a Bevador Beer Cooler and a Piano worth thousands. Many old beer steins and whiskey
containers are on display; the old half circle bar has a hstory of its own. The property is fully sprinklered,
and also features a fire alarm system, an elevator, ATM, juke box, a Budweiser game machine its own pay phone,
and other items. An ongoing renovation over the last 20 years has kept the property looking good.
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