Muroff Hospitality Group announced the sale of The Mohican Resort of Lake George and the 8000 square foot Boats by George Storage Building, located at 1545 State Route 9, Lake George, New York. Both properties were owned by Chad Nims (1545 State Route 9 LLC). The entire property is 4.69 Acres and was recently subdivided to sell the motel property (3.75 acres) to Amit & Payal Kumar and the Boat Storage Building (.94 acre)) to George Pensel (Five Star Marina Properties, LLC).
This well-established, long-time family-owned resort boasts 44 units, ranging in size from traditional guest rooms to 2-bedroom suites, condo-like units, townhouses and a newly renovated 4-bedroom home. Additional amenities include sparkling outdoor and heated indoor swimming pools, game room, business center, basketball court, BBQ grills, fitness center, park like setting, gazebo, guest laundry, children’s playground, housekeeping, and more. The Mohican Resort is only minutes to Great Escape, the Lake George Outlets, Millionaires Beach, Cruise Ships, Village of Lake George, Ft. William Henry, restaurants, shopping, bars and local attractions.
Mitch Muroff of Muroff Hospitality Group represented the Seller and secured the Buyers in this exclusive listing. The total sales price was $3,100,000 (2,700,000 for the Motel and $400,000 for the Boat Storage building). and the transaction closed on Tuesday, July 2, 2024, in Glens Falls, New York.