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Browse More Listings in Multifamily For Sale, Highland Falls, NY or New York

Multifamily Property - Off Market

3 Mountain Avenue

3 Mountain Avenue, Highland Falls, NY 10928

Price:
N/A
No. Units:
9
Building Size:
3,500 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Additional Sub-types:
Mid/High-Rise
Property Use Type:
Investment
Commission Split:
2.25%
Cap Rate:
10%
Occupancy:
100%
No. Stories:
3
Year Built:
1950

Last Verified 7/26/2006 Listing ID 14630658

Highlights

Great Location
Low Price
Low Maintanence

Turn Key
Great Cap rate
No Vacancy

Description

Own a piece of History with the historic Bar and Hotel. Seconds to West Point Military Academy. Sale will include a 10 year lease on the bar with good terms. All rental units are occupied (4 years) with a waiting list and all are on a month to month tenancy. This is one of two pieces to be sold together. Ask me about the other property, it is also listed. Market GOI=$76,800 Bar business is also negotiable. Over 4 million tourists pass right by this location every year on thier way to West Point events, ie Football games, Alumni affairs, Graduations, College courses, etc etc.

Property situated on the corner of Mountain and Main streets, the two busiest streets in the town.

Map of 3 Mountain Avenue, Highland Falls, NY 10928 (Orange County)

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Created 5/22/2006

Additional Information for 3 Mountain Avenue, Highland Falls, NY 10928

Active For Sale - 0 Listing
Active For Lease - 0 Listing
Previously Listed - 1 Historic Listing
Sales Comparables Available - 0 RecentSales Record

View additional information for the property view other currently active listings, previous listings, sales comparables, public records, and county records data for this address.

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The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.

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Multifamily Property For Sale - 3 Mountain Avenue

3 Mountain Avenue, Highland Falls, NY, 10928