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    OFF-MARKET
    Motels

    34350 State Hwy 10, Walton, NY 13856-4149

    4,250 SF 5 ac lot Built 2004
    Entity Owned 1-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US63-3513615
    Property summary
    AI-generated overview

    This exceptional 4,250 square foot motel presents a unique investment opportunity in Walton, NY. The Octagon Motel, a well-maintained and profitable establishment, boasts 10 clean, non-smoking guest rooms, an office, a kitchenette, and a convenient laundry room. Its prime location on a 5-acre lot, including some prime farmland, offers stunning views of the surrounding river valley and is conveniently situated near Walton, Hamden, and Delhi, catering to both tourists and business travelers. The motel enjoys consistent year-round bookings, providing a steady income stream. Significant cost savings are realized through the installation of solar panels on the south side of the building, effectively offsetting utility expenses. The property's infrastructure has been meticulously maintained, reflecting a commitment to quality and longevity. The nearby West Branch River provides guests with recreational opportunities such as fishing, swimming, and boating during the warmer months. This turnkey operation is ready for immediate ownership and offers significant potential for expansion. Adjacent properties, including 45 acres of farmland and a 40-acre historic Octagon Farm, are also available for purchase, presenting the possibility of developing a larger, more ambitious hospitality project, such as a boutique hotel.

    Property profile
    Verified
    Property type Motels
    Use group MOTEL
    Year built 2004
    Total area 4,250 SF
    Lot 5 ac (217,800 SF)
    Zoning code 01 - NOT ZONED
    APN 123400 254.-1-38.12
    UPID US63-3513615
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Octagon Acres LLC · 1 yrs held
    Octagon Acres LLC
    since 2025
    1 recorded transaction
    2025
    $566,250
    Zoning & alternative use
    01 - NOT ZONED · Walton, NY
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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