Bought with Victoria Woods • Brattleboro Area Realty
$197,192
$299,000
34.0%For more information regarding the value of a property, please contact us for a free consultation.
861 Route 9 East Wilmington, VT 05363
11.8 Acres Lot
Key Details
Sold Price $197,192
Property Type Commercial
Sub Type Hospitality
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 4807088
Sold Date 10/28/20
Year Built 1960
Annual Tax Amount $18,704
Tax Year 2020
Lot Size 11.800 Acres
Acres 11.8
Property Sub-Type Hospitality
Property Description
The Horizon Inn was named for its gorgeous northwesterly views of the Green Mountains including the slopes of Mount Snow in the distance. This 28+ guest room resort style lodging property features a 16 x 32 Indoor heated pool with sunken hot tub, sauna, spa wing with bathrooms, exercise room and game room. The eastern wing includes a 2-bedroom owner/managers' apartment with living room and garage. The business consistently produced strong revenues over its long, successful operating history resulting in reliably sustainable cash flow and very little change of ownership. The Horizon Inn was family owned and operated for 15 years before being purchased by the Hermitage Club around 2015 and used for employee housing. It was extremely well-maintained prior to 2015. The Horizon Inn is being sold in "as is" condition due to delayed maintenance. The asking price reflects the condition. DISCLAIMER: INTERIOR PHOTOS WERE TAKEN IN 2014.
Location
State VT
County Vt-windham
Area Vt-Windham
Zoning COM
Rooms
Basement Entrance Walkout
Basement Exterior Access
Exterior
Exterior Feature Combination
Parking Features On-Site, Parking Spaces 21+
Garage Description On-Site, Parking Spaces 21+
Utilities Available Cable - Available, High Speed Intrnt -Avail
Building
Sewer Mound, On-Site Septic Exists, Private
Water Drilled Well
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