19 Vineyard Ave - Vineyard Ave Apartments 10 Unit Apartment Building Offered at $1,695,000 at a 8.76% Cap Rate Highland, NY 12528

19-27 Vineyard Ave Apartments presents the opportunity to acquire a turnkey, ten-unit multifamily
portfolio in the heart of Highland, NY, located just off Route 9W in close proximity to the Mid-Hudson
Bridge. The offering combines the stability of fully renovated, income-producing units with the benefit of
recently completed, capital-intensive improvements that position a new owner for years of low maintenance
ownership and immediate cash flow.
The portfolio comprises three buildings across two parcels. The centerpiece at 19-25 Vineyard is a six-unit
building that is essentially new construction. Taken down to an empty shell, it was fully gut renovated to
the studs with all-new electrical, plumbing, spray foam insulation, and mechanical systems. Each unit
showcases modern finishes including granite countertops, stainless steel appliances, and energy-efficient
mini-split HVAC.
Adjacent at 27 Vineyard sits a pair of buildings totaling four additional units. The first is a fully renovated
one-bedroom single-family home complete with a double garage and private deck, offering a desirable
standalone living option. The second building features two townhome-style residences alongside a
renovated one-bedroom apartment, rounding out a diverse and attractive unit mix.
With tenants responsible for their own utilities and the bulk of the building systems brand new,
operating expenses remain low and predictable. The diverse unit mix of one- and two-bedroom
apartments, townhomes, and a single-family home appeals to a broad tenant base and supports stable,
reliable occupancy.
Situated in the Mid-Hudson Valley and within easy reach of Poughkeepsie, the Hudson River waterfront,
and major commuter routes, 19-27 Vineyard Ave Apartments offers investors a stabilized, professionally
renovated asset with the financial profile and physical condition to perform well for years to come.