MLS Number 4908039
- Year Built 1970
- Acreage 1.38
- NOI 270089
Take advantage of this amazing investment opportunity with this successful 21 unit hotel located in the prime location of South Burlington, VT right off Shelburne Rd! For almost 40 years this hotel has been providing comfort and an ideal location to all local and out of state visitors looking for a getaway close to Burlington, Shelburne, Charlotte and plenty of hot town attractions! Purchased in 2004 by the current owner, they have successfully ran and managed this property for nearly 20 years. The hotel offers flexible room styles to accommodate all guest needs, with rooms including double twin beds, single twin bed or california king beds. All room styles feature a private bathroom, microwave, fridge, free wifi access and cable for guest convenience. An owner's office is located on the property with a large security room and a private kitchen. Additional housekeeping storages are located throughout the property as well. The large parking area and inground pool are a huge hit with guests! Strong financials verify the success of the business and the longstanding reputation it has with the community. Guests love the close proximity to dining in the area including Pauline's Cafe and the Lake-view House. Town attractions, entertainment and amenities are just a short drive away to central Burlington, Burlington International Airport, UVM, Shelburne Museum and Shelburne farms to name a few. Call today to inquire about this amazing opportunity and schedule your tour!
Listed by Livian Vermont of KW Vermont
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Est. Mortgage: $/month
Federal 30-year interest rate: 5.3% last updated on 2022-05-12
This product uses the FRED® API but is not endorsed or certified by the Federal Reserve Bank of St. Louis.