The Inn at Lake Joseph

Forestburgh, New York

Asking Price: USD $2,880,000
Guest Rooms: 17    17

Property Overview

The Inn at Lake Joseph is an historic Select Registry© lodging property located in the heart of the Southern Catskills of Upstate New York. The 17-room Inn is open year-round less than two hours from NYC and features a solid profitability focused on leisure travel, intimate retreats and romantic getaways.

The property consists of four main buildings on 26 +- gorgeous acres with private lake access. The expansive grounds are abutted on all sides by forests, and feature a seasonal fenced-in heated pool with cabana, guest fire-pit and numerous guest seating areas. The property features access to miles of trails that offer guests access to The Inn’s private lakefront lot with dock and access to fishing & kayaking. The property also offers several different meeting spaces for small corporate retreats or events, an enclosed veranda that seats 30, a private dining room for up to 10, and 3 other casual breakout rooms.

The guest rooms at The Inn at Lake Joseph are a major draw with all 17 units offering King or Queen Beds, in-room gas fireplaces, keyless entry, private baths and a host of exemplary guest amenities. Many premium units feature private entrances, 2-person in-room whirlpool tubs, walk-in tiled showers, full kitchens, & private decks.

The Inn at Lake Joseph is located in the heart of the Southern Catskills, a prime tourism destination from the late Spring through Fall with a myriad of outdoor attractions from hiking, mountain biking, world-class fishing, swimming, rock climbing, waterfalls, horseback riding, scenic drives and vistas, kayaking, boating, wildlife viewing and The Bethel Woods Performing Arts Center.

The options for expansion at The Inn at Lake Joseph that include additional buildings or cottages and expanding the event and wedding business would be contingent on HOA and zoning approval. By upgrading to a full commercial kitchen, the property could offer expanded food offerings to guests, weddings and corporate meeting and event guests.

Features:
  • Is Historic Historic
  • Has a Pool Pool
  • Has a Barn Romantic
  • Waterfront Property Waterfront
  • Has a Wedding Venue Wedding Venue
Lifestyle:
  • Nearby Winery / Brewery Winery
  • Close to Fishing Fishing
  • Includes a Restaurant Golf
  • Near Horses Horse
  • Near Skiing Ski
Valuation & Mortgage Calculator:
30 Years Fixed
n/a % Interest
  • Loan Amount
  • Principle and Interest
  • Cash Flow
  • DSCR $0
  • Cap Rate $0
  • ROI $0
Listed By
Chris Kelly (Consultant)
  650-241-8108
White Stone Brokers
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