Adirondack Country Homes Realty Inc.

1098 US Route 9

Schroon Lake, NY 12870

518.532.7900
 

 

Inventory CO0148 - OFF MARKET

The "Sara Placid Motor Inn"

This is an exceptionally nice motel complex with a AAA - 3 diamond rating.  Continuous operation for over 20 years by the same owner.  Impressive financial statements. 

There are 10 motel units with kitchenettes and full ceramic baths, four 2 bedroom suites with full baths, two 1 bedroom suites with full bath and one 1 bedroom Jacuzzi suite with full bath. The owner had installed a top of the line phone and voice mail system.  Owner occupies a completely remodeled 2 bedroom, 1 1/2 bath residence featuring Adirondack log ambiance throughout.  This is truly a turn-key business... the owner is ready to retire. 

The business is situated on 6.90 +/- acres and includes 950' on a private pond.  Total taxes are $18,400.  

Offered at $1,800,000  

 

"Same owner for 20 years, now ready to retire!"

 

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