Friends Lake Inn $2,400,000

Famous Adirondack Country Inn - Special Circumstances - Special Price!

Back around the turn of the 20th Century, wealthy New Yorkers retreated to the Adirondack Mountains to "rusticate", often in their own elegant lodges. This Inn, with 17 elegant accommodations, would have pleased them. While the Inn has earned a four diamond rating from AAA, the restaurant accolades far surpass that. Among others, the Inn's restaurant has received the coveted Grand Award from Wine Spectator for its 25,000 bottle wine cellar.

This fine business is being offered at $2,400,000 and includes the separate 4 to 5 bedroom owner's home. The wine inventory is available separately.

Call Heide Bredfeldt or Bill Oates of Inn Partners (not the Inn please) today about this special Inn for sale. 877-957-2360.

Details

  • Built in 1860
  • Last renovation in 1984
  • 17 Guest Rooms
  • 17 Guest Bathrooms
  • Lot size: 3.23 acres
  • Has owner's quarters
  • Has a restaraunt
  • $2,400,000
  • 26% annual. occ. rate
  • $241.00 avg daily rate
  • $1,321,000 gross revenue
  • $391,756 room revenue
  • $862,000 rest. revenue

Listing Agent

Innovative Solutions for Current and Future Innkeepers. Individualized services for your needs. Bill Oates, Inn Consulting Partners
PO Box 1162
Brattleboro, VT 05302
Phone: 877-957-2360
 Cell: 1.802.257-2360
 FAX: 802-257-2368
 email: inns@innpartners.com
Famous Adirondack Country Inn
Innovative Solutions for Current and Future Innkeepers. Individualized services for your needs.

Location

Friends Lake Road Chestertown, NY 12817

Photos (click to enlarge)

Friends Lake Inn of Chestertown, New York full service Inn for sale in the Adirondack Foothills. Four diamond rating for the Inn and the restaurant has the coveted Grand Award from Wine Spectator.
Swimming pool at Friends Lake Inn. Relax on the porch at Friends Lake Inn.
Friends Lake Inn one of 17 guest rooms. Guest room at Friends Lake Inn.

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