30680 State Hwy 17w, Hancock, NY 13783-2038
This 11-unit motel in Hancock, NY, presents a unique investment opportunity in the heart of the Catskill Mountains. Located on 19 acres at 30680 State Hwy 17W, this property boasts easy access to Route 17 and offers a blend of commercial and hospitality uses. Currently operating at 50% occupancy, the motel presents significant upside potential. The property includes a three-bedroom house, ideal for on-site management or owner occupancy, adding to its convenience and flexibility. The commercial zoning allows for diverse operational strategies. The asking price is $449,999, representing a compelling entry point into the thriving Catskill tourism market. The property's location provides easy access to nearby towns like Roscoe and Livingston Manor, known for their charming shops and restaurants. The extensive acreage offers ample space for expansion or additional amenities. This turnkey operation is ready for a new owner to capitalize on its potential and enjoy the serene beauty of the Catskill region. The property's APN is 123089-400-000-0001-010-000 and is situated in Delaware County, NY, zip code 13783. The net lease structure offers a straightforward ownership model. This is a rare opportunity to acquire a well-positioned motel with significant growth potential in a highly desirable location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2020Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.