InnShopper > Inns for Sale > New York > Skaneateles > Skaneateles Suites & Boutique Hotel

Skaneateles Suites & Boutique Hotel

Skaneateles, NY   Offered for sale at $2,190,000

The Skaneateles Suites are meticulously maintained and professionally operated. This is not just a roadside motel, it is an efficient and unique example of the boutique hospitality industry. The owners of the Suites have captured a market for upscale and savvy travelers who know what they like and know how to find it. Check the Trip Advisor comments. The Hotel is a 5 (or6) room boutique with an upscale
ambiance conveniently located in downtown Skaneateles, New York at the head of beautiful Skaneateles Lake, jewel of New York’s Finger Lakes. Think wineries, antique boats, Community Band Concerts, Dinner Cruises, shops and nice restaurants.

Property Details
  • 22 Guest Rooms
  • 22 Guest Room Baths
  • Has Owner's Quarters
  • Built in 1950
  • Last Renovated in 2010
  • Building is 10,000 SQFT
  • Lot is 6 Acres
  • Photo Gallery
  • Property Website
Financial Details
  • Offered for sale at $2,190,000
  • Occupancy Rate: 52
  • Average Daily Rate: 148.00
  • Annual revenue is $550,000
  • Terms: 2017 revs up 15% ADR up occ up. 2018 ytd up again
  • Prequalify for Inn Financing on this property
Contact Information