BROOKHILL 35 AT THE WHITEFACE CLUB & RESORT!"BROOKHILL 35"

$695,000
2 BR, 2 BA
316 Whiteface Inn Lane, Lake Placid, NY 12946
Essex County

Lake Placid and High Peaks Region Real Estate For Sale — LISTING ID: RE13020

Hi my name is Rudy Younger and I am the owner of Brookhill 35, which is a beautiful 2 bedroom condo at the Whiteface Club and Resort in Lake Placid, NY. I have decided to sell it, privately for now, and am a licensed NY state real estate broker and own a vacation rental company. My goal is to sell it sometime in 2025, though I'm not in a hurry, but the sooner the better. I have owned it since 2008 and will be semi retiring at the end of 2025 and then traveling more and less up to the ADKs.

My condo has two bedrooms, two full bathrooms, walk in/out (no steps), ADK decor throughout and with great views, private parking and comes fully furnished. It is at the resort and a short walk down to the waterfront, with a small swimming beach, golf course, marina and 2 restaurants on site, hiking trails galore plus you can walk to everything...

My operating costs were $41,000 for 2024 with yearly rental revenues of $43,000 this year, $51,000 in 2023 and $57,000 in 2022. As far as investing in a rental property, it is very difficult to get a new place "up and running", rental wise, as there are no reviews or repeat guests, so those rather complex AirBNB / VRBO algorithms put them at the bottom of their searches, until you make them more money, which can take years. What is very unique about my condo is it's long 16 year rental history and that I "could" continue on as it's rental manager for you - if desired, and which has great value! It would be turn key, rental wise and would come as is, fully furnished. Staffing: I could be the rental agent, Joyce is the housekeeper and Peter our caretaker, so our expert team is already in place.

My proposal: I could continue to manage the condo - if you would like - and for several years. So it would be a very seamless transfer, with a very mature 16 year history, lots of repeat guests and many many reviews. On VRBO I have 66 reviews and a perfect 10.0 rating and on AirBNB it has 24 reviews with a 4.88 rating, plus I am a Super Host with them. Next Steps: if you or anyone else is interested, the next step would be having a conference call discussion. I can make a PowerPoint presentation to go over everything with you then. If that goes well and you / they are still interested, I would meet you there, show you the condo and walk you around the resort, etc...

Operating Costs: I have a very detailed spreadsheet , as needed, which shows my condos "exact" operating costs. References: again as needed, as I have many clients / owners plus several local brokers, who know me well and would be very happy to provide an excellent reference for me. Rental spreadsheet: I have owned Brookhill 35 since 2008, with about 600 sets of guests through, and another 5000 or so at my other properties I've managed. I have another very detailed spreadsheet which shows all of these past guests. Thank you and let's talk, if you are interested - cheers, Rudy!

* As for my pricing, there are two very similar condos for sale at the resort now - at Lakeside below mine! One for $689,000 and the other $695,000. BUT neither of them comes with a highly established rental business in place and for 16 years like mine. I estimate that value is in the $50,000 range alone, including my potential services. My condo would also come 100% furnished and turn key, which I estimate has a value of another $25,000 or so.

SHOW FULL DESCRIPTION


Owner's Contact Information

845 453-6825
Send owner an email inquiry
Email this listing to a friend
Print This Listing

This property listing is an advertisement. Please read this IMPORTANT NOTICE AND DISCLAIMER for more information.


Listing ID: RE13020
Property Address: 316 Whiteface Inn Lane, Lake Placid, NY 12946
Region: Lake Placid and High Peaks Region
Bedrooms: 2
Bathrooms: 2

Real Estate Type

  • Apartment Building
  • Business Opportunity
  • Residential
  • Vacation Home (four-season)

Styles

  • Adirondack
  • Alpine
  • Condo
  • Townhouse

Amenities

  • Beach, Association or Shared
  • Deck
  • Fireplace
  • Furnishings Included
  • Homeowner's Association
  • Lake Access (easy walk)
  • Porch, No Screen
  • Professional Landscaping
  • Scenic View
  • Swimming
  • Tennis Court, Association or Shared

Acreage:1
Square Footage:1,280
Year Built:1988
Heat Source(s):Electric
Water Sources:Village
Sewer:Village
Road:Local roads...
School District: Lake Placid, NY
Taxes: $3,500
Price: $695,000 — Estimate Payments

This property listing is an advertisement. Please read this IMPORTANT NOTICE AND DISCLAIMER for more information.


Print This Listing Email This Listing to a Friend

Listed with Adirondack "By Owner" since 2024.

Owner's Other Listings

Vacation Rentals

Listing ID VR12236

Listing ID VR5589

Listing ID VR7977

Listing ID VR8908

Listing ID VR9126

Listing ID VR9817

Listing ID VR12947

Back to Your Search Results All Real Estate For Sale in the Lake Placid and High Peaks Region New Real Estate For Sale Search