Country Homes Realty
Presented by our Lake Placid Regional Office
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 $2,400,000
"Same owner for 20 years, now ready to retire!"