6 Key Boutique Motel w/ Seneca Lake docks
Hospitality | 6 Keys | $200,000/key | 200ft lake frontage w/ docks
Marketing description
Discover the unique charm of Admiral Peabody's Inn, a collection of six individual lakeside cottages nestled on the western shores of Seneca Lake at 3305 Salt Point Road, Watkins Glen, NY 14891. This laid-back resort offers a distinctive "home with a lake included" experience. The accommodations consist of (1) a three-bedroom house, (2) two-bedroom cottages, (1) a one-bedroom cottage, and (2) one-room bungalows. Each unit features a deck with comfortable furniture and a gas grill, all boasting picturesque views of Seneca Lake. Admiral Peabody's is dog-friendly and provides a large grassy area with a communal fire pit. Guests can enjoy over 200 feet of lake frontage with a substantial dock complex equipped with tables, chairs, and a swing, perfect for soaking in the sun and enjoying the refreshing lake waters. Wi-Fi extends throughout the property. All units have linens, towels, flat-screen TVs with cable, coffee makers, microwaves, fridges, and blow dryers. Larger units also feature full kitchens with cookware, plates, and utensils, and most offer a pull-out couch or futon. Individual A/C units ensure comfort in each unit's accommodation and parking spaces.
Investment highlights
- Unique Lakeside Setting: Six individual cottages with private decks and lake access on Seneca Lake, offering a distinctive guest experience.
- Strong Rental History: Admiral Peabody's Inn has a proven track record as a popular lodging choice in the Watkins Glen area, evidenced by positive guest reviews.
- Proximity to Key Attractions: Located less than a mile from downtown Watkins Glen and Watkins Glen State Park, and less than six miles from Watkins Glen International.
- Multiple Accommodation Types: Offers a diverse range of cottage sizes, catering to various group sizes and needs.
- Guest-Friendly Amenities: Includes private decks with grills, lake access with a dock, fire pit, Wi-Fi, and pet-friendly policies.
- Turnkey Operation: A fully operational and well-maintained property with a strong online presence.
- Value-Add Potential: Opportunity to further enhance revenue
- Accessible Transportation:
- Airports:
- Approximately 17.5 miles (around 25-30 minutes by car) to Elmira Corning Regional Airport (ELM)
- Roughly 29 miles (around 40-45 minutes by car) to Ithaca Tompkins International Airport (ITH).
- Major Cities:
- New York City: Approximately 254 miles, 4 hours and 20 minutes.
- Philadelphia: Approximately 261 miles, 4 hours and 15 minutes.
- Buffalo: Approximately 147 miles, 2 hours and 25 minutes.
- Rochester: Approximately 80 miles, 1 hour and 25 minutes.
- Airports:
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