Pine Hill Arms Hotel $475,000

The Pine Hill Arms was built in 1882 and has operated as a profitable Inn ever since. All 15 rooms have been renovated with today's amenities including private baths, cable T.V., Internet and AC. The award winning greenhouse restaurant seats 100 and the bar-lounge confortably accomodates 60 people including a solarium area for live music. There is a comfortable lobby with fireplace, game room and hot tub spa. There is also a three bedroom living area and separate two bedroom cottage. We are located one mile from Belleayre Ski Center which will be under going a large capital expansion since being taken over by the Olympic Regional Development Authority this year. After 39 years at the helm, the owners are ready to retire to their Adirondack Lake house.

Details

  • Built in 1882
  • Historic Registry
  • 39 years as B&B
  • Last renovation in 2010
  • For Sale By Owner
  • 15 Guest Rooms
  • 15 Guest Bathrooms
  • 7800 sq ft
  • Lot size: 3 acres
  • 40 Parking Spots
  • Has owner's quarters
  • Has a restaraunt
  • $475,000
  • For Sale By Owner
  • 50% annual. occ. rate
  • $105.00 avg daily rate
  • $390,000 gross revenue
  • $100,000 room revenue
  • $290,000 rest. revenue

Listing Agent

Robert Konefal
P.O. Box225
288 Main St.
Pine Hill, NY 12465

Phone: 845-254-4012
email: robertkonefal@hotmail.com

Location

288 Main St PO Box 225 Pine Hill, NY 12465

Photos (click to enlarge)

Front of Hotel
Bar Area Restaurant
Winter

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