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Reposition Opportunity | Stowe, VT

1746 Mountain Road
Stowe, VT 05672
PRICE : $15,900,000
PROPERTY TYPE: Hospitality
BUILDING SIZE: 185,000 SF

Highlights

  • 117 owned, fee simple rentable units with a mix of guest rooms and suites, plus 50 townhomes in a rental pool, for a total of 167 units
  • Includes three on-site dining options: Charlie B’s, Winfield Bistro and the Spa/Poolside Café
  • Acquisition includes ownership of fitness center and spa
  • Additional management fees from HOA
  • PUD and excess density offer the opportunity to potentially double room count
  • Unencumbered by franchise and management controls
  • IACC Certified 22,000 SF Conference Center
  • 40,000 SF spa and sports center, plus 10,000 SF meditative garden
  • Executive 9-hole, par-3 golf course
  • Two tennis courts
  • Racquetball and squash court
  • Broker of Record: Ken Libby, Stowe Area Realty | VT License# 081.0002943

Description

Tremendous reposition opportunity in picturesque Stowe, Vermont. The Stoweflake Mountain Resort & Spa has been family-owned and operated for over 55 years. The repositioning of the resort offers huge upside for new ownership via numerous revenue streams including multiple dining options, spa, conference rooms, event spaces and more.

The ± 29-acre property is a PUD (Planned Unit Development) with density available offering multiple expansion opportunities. Internationally known as the “Ski Capitol of the East,” Stowe is as a major year-round destination, with over 60% of all-tourist income generated in non-winter months.

DO NOT CONTACT MANAGEMENT OR EMPLOYEES IN ANY WAY.

FOR MORE INFORMATION OR A PROPERTY TOUR, CONTACT STOWE AREA REALTY OR BULL REALTY.

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