Property Listing No Longer Available for Sale

105 Main Street, Stamford, NY

Hotel for Sale - $120,000 - 1,646 Sq. Ft. on 0.17 acres

Property Info

  105 Main Street
  Stamford NY 12167
UpdatedMarch 23rd, 2018
Building1,646 Sq. Ft.
Land0.17 acres

Property Description

THE STAMFORD MOTEL: Be the New Owner of this Motel located in the Town of Stamford, once known as the "QUEEN OF THE CATSKILLS"... The Town has everything you need except the old Motels and Hotels of the past which were needed by the 4 Season Visitors to this Region. Although they are gone there is still a need for "LODGING" in this area during all "FOUR SEASONS"...In the Spring/Summer people come to this area from all over, including Out of State/Country to Visit the "CATSKILL MOUNTAINS" Then in the Fall you have the Leaf Peepers/Hikers who come for the FABULOUS COLORS these Mountains offer. Also let's not forget that during HUNTING SEASON there is also a demand for Lodging. Then Wintertime brings the Skiers. You may also decide to advertise it on AIRBNB. There have also been units rented to local Section 8 families on a long term basis. The current owner is simply ready to retire and "pass the torch"...With 9 units available to rent "all in great condition + a Laundry Room you can't go wrong. All rooms are equipped with Refrigerator, Microwave, Air Conditioning, Cable TV and Internet. In 2007 the Motel Underwent Renovations including... 1) NEW 30 YEAR ROOF SHINGLES 2) NEW BOILER 3) NEW PAINT & CARPETING 4) NEW CONCRETE AND PARKING LOT ASPHALT No work is needed, get the keys at closing and be ready for business!"POSSIBLE OWNER FINANCING AVAILABLE"