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    OFF-MARKET
    Hotels

    77 Johnny Cake Ln, Greenville, NY 12083

    50 ac lot
    Property ID
    US63-4609214
    Property summary
    AI-generated overview

    Baumann's Brookside, a historic hotel established in 1920, presents a compelling investment opportunity in Greenville, New York. This 70-key property sits on a sprawling 50-acre lot at 77 Johnny Cake Ln, 12083. The asking price is $3,799,000, offering a favorable price per key. Nestled in a tranquil setting, the hotel benefits from a strong local demographic, with a population of 6,590 within a 5-mile radius and robust median household incomes. The property's rich history and serene surroundings, easily visualized through aerial and property images, combine to create a unique and attractive hospitality asset. This well-established hotel offers significant potential for continued success in a desirable location. The property's 70 charming rooms provide ample accommodation, making it an ideal investment for those seeking a profitable venture in the hospitality sector. Detailed financial information is available upon request.

    Property profile
    Verified
    Property type Hotels
    Lot 50 ac (2,178,000 SF)
    UPID US63-4609214
    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
    Current use
    Occupant on record · Public records
    • Baumann's Brookside Hotel & Motel Resort
    • Baumann's Septic Cleaning Service Plumbing Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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