Description
14311 Route 9W is a Motel that is fully approved to be converted into 16 new apartments, then there is a +/- 2,500 square foot renovated 4 bedroom single family home that is renovated and a large manager office (that could also be a large laundry facility or another apartment). There are two motel strips that are framed out for 16 new apartments, the property is being offered (at the asking price) with the Motel fully framed and all exterior work done. There is lots of flat usable land for tenant enjoyment or additional accessory buildings. The Town said storage units are possible on the property with Site Plan approval. See the attached income and expense sheet, the house is rented month-to-month for $1,950 a month, and the motel conversion into 16 new apartments is projected. There is one new septic system and all additional info is attached to the associated doc's. The Bank of Greene County has a commercial renovation loan program, call for more details.
Location
The data relating to real estate on this website comes in part from the IDX of the Multiple Listing Service of Ulster County, Inc. Real Estate Listings held by brokerage firms other than Potter Realty are marked with IDX logo and the detailed information about them includes the name of the listing broker. Copyright © 2022 by the Multiple Listing Service of Ulster County, Inc. All Rights Reserved. All information provided is deemed reliable but is not guaranteed and should be independently verified. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Updated: 30th September, 2023 8:40 AM (UTC)
Listing Office: Berardi Realty
