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Friar Tuck Inn 4858 Route 32 380 Room Hotel Catskill, NY 12414 £13,459,957 (£35,421/Room)

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INVESTMENT HIGHLIGHTS

  • Facilities include approximately 52,000 square feet of exhibition.
  • Conversion Center and banquet spaces up to 2,000 attendees, two outdoor and two indoor pools, and a spa and fitness area
  • Easy travel to hotel from Hodson City Amtrac station just 22 minutes
  • Theater with a capacity of 2000 attendees.
  • Parking space for eight hundred cars.
  • 10 commercial units also available for lease at just $6/sf/yr.

EXECUTIVE SUMMARY

This is a unique opportunity to invest in a hotel, THE FRIAR TUCK INN, located in the heart of the Catskill Mountains a few minutes from the village of Catskill, Woodstock, Hudson and two prominent ski resorts. With more than 380 hotel rooms, the approximately 382,894 square foot hotel is set on 29.6 sprawling acres which includes a one-acre pond and streams. The hotel offers conference rooms accommodating both small and large groups, 52,000 square feet of exhibit space for trade shows and banquet facilities for 10 to 2,000 attendees. The village offers private cottages and homes for a more private stay at the resort. The property is surrounded by the lush beauty of the Catskill mountains with its rich wildlife and hiking trails, and ski resorts including Hunter Mountain and Windham Mountain. The nearby Hudson River School Art Trail includes the Thomas Cole National Historic Site in Catskill village, plus sites like Kaaterskill Falls and Sunset Rock, which inspired 19th-century landscape painters.
The commercial portion of 147,000 square feet is also available for lease.

ATTACHMENTS

Friar Tuck Inn

PROPERTY FACTS

Price £13,459,957
Price Per Room £35,421
Sale Type Investment
Sale Conditions
Option to Purchase with Lease
  • High Vacancy Property
Property Type Hospitality
Property Subtype Hotel
Costar Property Class B
Total Plot Size 29.60 ac
Property Size 450,000 sq ft
No. Rooms 380
No. Floors 4
Year Built 1970
Tenancy Single
Parking Allocation 1.78/1,000 sq ft
Corridor Interior
Use Class 02

AMENITIES

  • Business Centre
  • Fitness Centre
  • Pool
  • Restaurant
  • Spa
  • Patio
  • On-Site Bar
  • Destination Resort
  • Convention Hotel
  • Barber/Hair Salon/Beauty Shop
  • Meeting Event Space
  • Hot Tub
  • Fully-Equipped Kitchen
  • Multi-Room Suites

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE sq ft
Guest Room 380 £97.21 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 192689-169-000-0004-021-000-0000
  • 192689-169-000-0004-022-000-0000
Land Assessment
£707,321
Improvements Assessment
£1,277,350
Total Assessment
£1,984,671
  • Listing ID: 27013972

  • Date on Market: 10/05/2021

  • Last Updated:

  • Address: 4858 Route 32, Catskill, NY 12414

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