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15023 Route 23 6 Unit Apartment Building $1,450,000 ($241,667/Unit) Prattsville, NY 12468



INVESTMENT HIGHLIGHTS
- 6 Townhouses on 1.92 Acres Use for term rentals or Airbnb
- 2 Townhouses @ 1,200 sq ft, 4 @ 970 sq ft
- 15 minutes to Windham Ski Mountain, 20 minutes to Hunter Ski Mountain
- Each Townhouse has 2 bedrooms & 1.5 baths
- Additional adjacent parcel available for sale with 6.68 acres
- The townhouse units have been approved by the AG to be sold separately
EXECUTIVE SUMMARY
A Great Property in a Beautiful Setting with Mountain Views in Prattsville! There are a total of 6 Townhouses with 1.92 acres currently used as term rentals. There's an adjacent parcel of land being offered with 6.68 acres with a creek - Johnson Hollow Brook. The 6 Townhouses have a total of 6,280 sq ft. The corner units have 1.200 sq ft and the middle units have 970 sq ft. There are a total of 12 bedrooms, 6 full baths, and 6 - 1/2 baths. Each townhouse has 2 bedrooms and 1 1/2 baths. The utilities are separate for each unit. The townhouses have been approved by the Attorney General as individual townhouse units which may be sold off separately through the existing HOA. There's a paved driveway, paved parking lot, fenced area for trash, back decks, and yard space for the tenants. The townhouses have great proximity to the area's destinations and amenities. It's 15 minutes to Windham Ski Mountain, 20 minutes to Hunter Ski Mountain, 5 minutes to the Schoharie Reservoir, and 2 minutes to the Village of Prattsville. There are 7 parcels with this sale with tax map #'s: 74-1-39, 40, 41, 42, 43, 44, & 45. The 6.68 acre adjacent land parcel offered in addition to this sale is tax map #: 113.-1-26.
PROPERTY FACTS
| Price | $1,450,000 | Building Class | C |
| Price Per Unit | $241,667 | Lot Size | 1.92 AC |
| Sale Type | Investment | Building Size | 6,280 SF |
| No. Units | 6 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2016 |
| Property Subtype | Apartment | Parking Ratio | 2.23/1,000 SF |
| Apartment Style | Townhome | ||
| Zoning | 01 - NOT Z - Res 1, 312 - Vac w/ improvement, 210 - Single Family Homes. | ||
| Price | $1,450,000 |
| Price Per Unit | $241,667 |
| Sale Type | Investment |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Townhome |
| Building Class | C |
| Lot Size | 1.92 AC |
| Building Size | 6,280 SF |
| No. Stories | 2 |
| Year Built | 2016 |
| Parking Ratio | 2.23/1,000 SF |
| Zoning | 01 - NOT Z - Res 1, 312 - Vac w/ improvement, 210 - Single Family Homes. |
AMENITIES
UNIT AMENITIES
- Heating
- Refrigerator
- Stainless Steel Appliances
- Views
- Yard
- Deck
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 6 | $1,600 | 970 - 1,200 |
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15023 Route 23
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