Sharon Springs, NY 13459. Attention investors! Multiple family house in upstate New York - Sharon spring village on the market! Property located minutes away from world famous Imperial bath in Shadow on spring. It has 22 rooms 20 bathrooms, huge living room, kitchen and storage space. It sets on 0.29 acres of land with beautiful trees. Minutes to Amish Farms, minutes to Cooperstown, minutes to Park with Unforgettable waterfalls with mineral water. Sheron Springs boasted 5 different types of Mineral waters and Magnesia one of it. Do not forget about fresh mountain air. Do not wait, create your own spa resort and find a relief from pain rheumatism and arthritis. It is a really great proposal! The hotel is located in the picturesque Catskill Mountains, a highly sought-after tourist region. There is a high flow of tourists year-round, with close proximity to attractions, ski resorts, spas, spas, mineral springs, parks, waterfalls and museums. Movies have also been filmed in the area.
Average price per bed: $70 per night
Total beds: 45
Year-round operation: 365 days; Annual income: $1,149,750
Operating Expenses:
Taxes: $7,000;
Property maintenance: $1,000 per year
Waste disposal: $5,000 per year;
Electricity and gas: $3,000 per year
Staff: $30,000-$40,000 per year
Property depreciation: $20,000 per year
Total expenses: $80,000-$90,000 per year