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ALBANY * Estate - Retreat * 64+ Acres 203 County Route 405 70 Room Hotel Westerlo, NY 12193 $1,789,957 CAD ($25,571 CAD/Room)

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INVESTMENT HIGHLIGHTS

64+ Acres in Albany Country including 11 buildings ripe for a variety of residential or commercial uses
Ideal for a Hotel, Religious Center, Summer Camp, Camping, ATV Trails & Hunting
Gorgeous Grounds in the Foothills of the Catskill Mountains

20 minutes to Albany Airport and the Capital of New York State
Only 2 1/2 Hours to New York City and 3 Hours to Boston
Welcoming community and ripe for redevelopment

EXECUTIVE SUMMARY

This outstanding 64+ Acre property is conveniently located in Westerlo, Albany County, New York. Albany is the Capital of New York State and is approximately ten miles southwest and a short 20 minute drive to downtown and to Albany International Airport. New York City is about 2 1/2 hours away and Boston about 3 hours from the site. This rare offering once operated as The Colonial Manor, a lovely resort hotel offering a host of amenities including nightly entertainment, three meals a day, swimming, shuffleboard, basketball, tennis, campgrounds, fishing, hunting, hiking trails and more. There are approximately ten buildings on the property, including 54 guest bedrooms, a commercial kitchen, event space, dining halls, Great Barn and more. in later years, the property was used as a religious retreat center. With that said, there are no limits as to how this outstanding property can be reimagined: summer camp, hotel, religious center, private school, single family estate, camping/ glamping, ATV trails, hunting grounds, residential development site and more! With its close proximity to Albany, New York City, Boston and the Adirondacks this gorgeous site presents a rare opportunity to make your dreams come true.

OM Rev. Westerlo

NDA Westerlo

PROPERTY FACTS

Price	$1,789,957 CAD	Construction Status	Converted
Price Per Room	$25,571 CAD	Building Size	30,000 SF
Sale Type	Investment	No. Rooms	70
Sale Conditions	Build to Suit Deferred Maintenance Redevelopment Project	No. Stories	2
Property Type	Hospitality	Year Built	1962
Property Subtype	Hotel	Parking Ratio	6.67/1,000 SF
Building Class	B	Corridor	Interior
Lot Size	64.00 AC
Zoning	RDA - RDA, Rural Development Agricultural

Price	$1,789,957 CAD
Price Per Room	$25,571 CAD
Sale Type	Investment
Sale Conditions	Build to Suit Deferred Maintenance Redevelopment Project
Property Type	Hospitality
Property Subtype	Hotel
Building Class	B
Lot Size	64.00 AC
Construction Status	Converted
Building Size	30,000 SF
No. Rooms	70
No. Stories	2
Year Built	1962
Parking Ratio	6.67/1,000 SF
Corridor	Interior
Zoning	RDA - RDA, Rural Development Agricultural