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Creekside Docs 1049 River Rd 10 Room Hotel Selkirk, NY 12158 $425,000 ($42,500/Room) 11.56% Cap Rate
Investment Highlights
- Presenting an 8-room boarding house along with 2 additional units in a multi-family home
Executive Summary
Presenting an 8-room boarding house along with 2 additional units in a multi-family home, this property is currently operating as a boarding house for military veterans. The first floor of the home features a caretaker's apartment, adding convenience and value. Ideal for investors seeking to support a worthy cause while generating income! Don't miss this rare chance to own a versatile property with abundant potential.
Property Facts Under Contract
| Price | $425,000 | Lot Size | 2.57 AC |
| Price Per Room | $42,500 | Building Size | 7,510 SF |
| Sale Type | Investment | No. Rooms | 10 |
| Cap Rate | 11.56% | No. Stories | 1 |
| Property Type | Hospitality | Year Built | 1950 |
| Property Subtype | Hotel | Parking Ratio | 2.53/1,000 SF |
| Building Class | C | Corridor | Exterior |
| Zoning | R - Residential | ||
| Price | $425,000 |
| Price Per Room | $42,500 |
| Sale Type | Investment |
| Cap Rate | 11.56% |
| Property Type | Hospitality |
| Property Subtype | Hotel |
| Building Class | C |
| Lot Size | 2.57 AC |
| Building Size | 7,510 SF |
| No. Rooms | 10 |
| No. Stories | 1 |
| Year Built | 1950 |
| Parking Ratio | 2.53/1,000 SF |
| Corridor | Exterior |
| Zoning | R - Residential |
Amenities
- High Speed Internet Access
- Patio
- Public Access Wifi
- Smoke-Free
Room Mix Information
| Description | No. Rooms | Daily Rate | SF |
|---|---|---|---|
| Guest Room | 10 | $62.00 | - |
1 1
Property Taxes
| Parcel Number | 012200-122-000-0001-047-001-0000 | Improvements Assessment | $330,500 |
| Land Assessment | $124,500 | Total Assessment | $455,000 |
Property Taxes
Parcel Number
012200-122-000-0001-047-001-0000
Land Assessment
$124,500
Improvements Assessment
$330,500
Total Assessment
$455,000
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Creekside Docs | 1049 River Rd
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