Remarks

The Octagon Motel is a classic American motor inn, and one of the only traditional lodging options for many miles. This well-maintained motor inn has solid bookings year-round. Situated in a beautiful river valley, there are gorgeous vistas in all directions. Close to the towns of Walton, Hamden, and Delhi, this location serves tourists and working professionals alike. This motel is truly turnkey as there is already a steady income stream. The adjacent 45 acre farmland, and 40 acre historic Octagon Farm are also for sale, and would provide the infrastructure and space for an even more ambitious project. One could easily imagine the whole farm becoming a boutique hotel. There are 10 clean non-smoking rooms, an office, kitchenette, and laundry room. The solar panels on the south side offset your utility costs significantly. No expense has been spared on the infrastructure. The 5 acre lot includes some prime farmland that could host additional motel features. The West Branch River is a short walk from the motel, giving guests a place to fish, swim, and boat during the summer months.

Details

MLS#: R1522954
Price: $600,000

Sq Ft: 4250
Year Built: 2004

County: Delaware
Lot Size: 320X592
Tax Fee: 5704

School District: Walton