1454 New York 30

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1454 New York 30

Wells, NY 12190
Asking Price
$100K
Asset Type
Retail
Class
Class B

What's Special

ABSOLUTE $1 AUCTION | Adirondack Hospitality/Retreat | 17 Bedrooms | AUCTION JULY 13-15 <ul><li>​ABSOLUTE $1 AUCTION | Adirondack Former Hospitality/Retreat Building | 17 Bedrooms | Lake Algonquin | AUCTION JULY 13-15</li><li>​<span style="color: rgba(74, 74, 74, 1)">Former rehabilitation / hospitality property located in Wells, New York, within Adirondack Park, offering a rare repositioning opportunity for hospitality, retreat, lodging, institutional, or adaptive reuse concepts.</span></li><li>​<span style="color: rgba(74, 74, 74, 1)">±8,661 SF, 3-story building on ±2.2 acres with

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NOI
$80,000
Cap Rate
80.00%
DSCR
13.47
Strong
Cash-on-Cash
246.88%
Monthly Payment
$494.745
Annual Cash Flow
$74,063.055

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