Property profile

866 Mountain Ave Purling, NY 12470

FOR SALE
Commercial real estate
Property ID
US63-3831372
35,000 SF 116 ac lot Built 1864
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Property summary

AI-generated overview

Nestled at the base of Blackhead Mountain in Purling, NY, this iconic landmark offers a unique investment opportunity. The Bavarian Manor Hotel, formerly known as The White Sulphur Springs House, boasts 18 vintage hotel rooms, a restaurant, bar, and commercial kitchen. An attached 5-bedroom, 2-bathroom house provides additional living space or staff quarters. A 16-unit waterfront apartment complex, currently fully leased month-to-month, generates consistent income. The property also includes a small solar farm, reducing operational costs by 50%, and a serene 3+ acre lake on 116 acres of land. The expansive lobby and outdoor veranda are perfect for events. A third floor offers potential for expansion (pending town approval). Conveniently located near Windham & Hunter Ski Mountains, this year-round operation attracts visitors throughout the seasons. This versatile property presents endless possibilities, from maintaining its historic charm to developing it into a premier spa, wellness retreat, or wedding venue. The property's multiple income streams and scenic location make it an exceptional investment.

Property profile

Verified
Property type Commercial real estate
Year built 1864
Total area 35,000 SF
Lot 116 ac (5,052,960 SF)
UPID US63-3831372

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant

Location

866 Mountain Ave Purling, NY 12470
Purling metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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More about this property
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