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West Lake Inn 411 W Lake Dr 17 Room Hotel Montauk, NY 11954 $7,262,797 CAD ($427,223 CAD/Room)

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EXECUTIVE SUMMARY

This multi-dwelling Motel property offers 8 one bedroom efficiency and 9 studio efficiency accommodations on a .41 acre parcel all in turn-key conditions. The property is located just moments to Montauk Harbor, marinas, shops and restaurants.

PROPERTY FACTS

Price $7,262,797 CAD
Price Per Room $427,223 CAD
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 0.42 AC
Building Size 6,240 SF
No. Rooms 17
No. Stories 2
Year Built 1967
Parking Ratio 2.4/1,000 SF
Corridor Exterior
Zoning RS

AMENITIES

  • High Speed Internet Access
  • Public Access Wifi

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 8 $152.17 CAD -
Guest Room 9 $124.51 CAD -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
0300-011-00-05-00-024-000
Land Assessment
$968 CAD
Improvements Assessment
$14,249 CAD
Total Assessment
$15,217 CAD
  • Listing ID: 29207790

  • Date on Market: 2023-08-07

  • Last Updated:

  • Address: 411 W Lake Dr, Montauk, NY 11954

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