{"id":5611,"date":"2020-12-02T15:13:44","date_gmt":"2020-12-02T15:13:44","guid":{"rendered":"http:\/\/wp.mbahotels.com\/?post_type=property&#038;p=5611"},"modified":"2024-09-23T12:25:02","modified_gmt":"2024-09-23T16:25:02","slug":"independent-resort","status":"publish","type":"property","link":"https:\/\/mba.demowork.xyz\/index.php\/property\/independent-resort\/","title":{"rendered":"Boutique Independent Resort"},"content":{"rendered":"<p><strong>Investment Highlights<\/strong><\/p>\n<ul>\n<li>Boutique Full Service Resort located less than 2 hours from Manhattan!<\/li>\n<li>Includes Hotel &amp; Timeshares<\/li>\n<li>Robust Top &amp; Bottom Line Revenues<\/li>\n<li>Loyal Customer Base<\/li>\n<li>Current Ownership is Retiring<\/li>\n<li>Huge Opportunity with Brand Affiliation to Increase, Exposure, Rate, &amp; Occupancy<\/li>\n<li>Offered Far Below Replacement Cost<\/li>\n<\/ul>\n<p><strong>Robust Top and Bottom Line Revenues: <\/strong>Total gross revenues close to $16,000,000 in 2019. Up from $15,900,000 in 2018. Includes timeshares which make up a powerful base of loyal customers.<\/p>\n<p>Excellent Opportunity for new buyer to purchase at Low Price for Strong Revenues and Net Income! The Resort Main Building was built New in 2008. Amenities including various Restaurants, Cafes, Bars, Live Entertainment, Meeting and Convention space, Off-track Betting Parlor, 18-hole Golf Course, Full-Service Spa and Salon, Gift Shops, Indoor Heated Pool and multiple Outdoor Heated Pools.<\/p>\n<p>The property also has a Lake, Outdoor sports, Indoor Sports Complex, Ski Slopes and Ski Chalet.<\/p>\n<p><strong>Capitalize on Successful Operations and Take Profits to the Next Level:\u00a0<\/strong>The hotel has grown and maintained strong repeat clientele through continued development and expansion of property amenities. Now there is an opportunity for new ownership and management to bring fresh vision to the resort and realize huge upside with brand affiliation and capital improvements. Significant potential to increase group and meeting business. <b>Excess land with Room to Build more Hotel Rooms, Time Shares, or a Residential Community.<\/b><\/p>\n<table>\n<tbody>\n<tr>\n<td>[hatchbuck form=&#8221;Confidentiality-Agreement-Independent-Resort-Villaroma-NY&#8221;]<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n\n\n<p class=\"wp-block-paragraph\"><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Charlie Fritsch, CEO of MBA Hotel Brokers, Inc, has sold the Villa Roma Resort and Conference Center in Callicoon, NY, to a buyer he procured. After more than three years of negotiation, many financing delays and several closing date extensions, Fay Hospitality Catskills LLC purchased the property on September 6 for $17.15 million, saying they have big plans for improvements. The 434-acre property has 139 rooms and suites, 5 outdoor swimming pools, 18-hole golf course, ski hill, bocci and tennis courts, fitness center, numerous restaurants, timeshares, wedding venue, meeting and conference center, ballroom, lounge and dance club, bowling, nightly entertainment, and many more amenities. <\/p>\n<p>Charlie Fritsch, CEO of MBA Hotel Brokers, Inc, has sold the Villa Roma Resort and Conference Center in Callicoon, NY, to a buyer he procured. After more than three years of negotiation, many financing delays and several closing date extensions, Fay Hospitality Catskills LLC purchased the property on September 6 for $17.15 million, saying they have big plans for improvements. The 434-acre property has 139 rooms and suites, 5 outdoor swimming pools, 18-hole golf course, ski hill, bocci and tennis courts, fitness center, numerous restaurants, timeshares, wedding venue, meeting and conference center, ballroom, lounge and dance club, bowling, nightly entertainment, and many more amenities. 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