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Vermont Hospitality Opportunity | Stoweflake Mountain Resort & Spa

1746 Mountain Road
Stowe, VT 05672
PRICE : $17,900,000
PROPERTY TYPE: Hospitality
BUILDING SIZE: 185,000 SF

Highlights

  • AAA Four Diamond rating (19 consecutive years)
  • 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
  • 117 owned, fee simple units with a mix of guest rooms and suites with an additional 50 townhomes in a rental pool, for a total of 167 rental units
  • Includes multiple on-site dining options: Charlie B’s, Winfield Bistro and the Spa/Poolside Café
  • Acquisition includes ownership of restaurants and spa as well as management fees from HOA
  • PUD and density offer the opportunity to potentially double room count
  • Unencumbered by franchise and management

Description

Rare opportunity to acquire Stoweflake Mountain Resort & Spa in picturesque Stowe, Vermont. This expansive property has been family-owned and operated for over 50 years. The resort features 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 rental units.

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

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