The Haus Windham 218 NY-296 11 Room Hotel Windham, NY 12496 $7,999,999 ($727,273/Room) 7.86% Cap Rate

Resort Property in the Catskill mountains. Direct proximity to Windham Ski Mountain.
Marketing description
Haus Windham — 17+ Acre Luxury Resort & Development Opportunity | Windham, NY
Haus Windham is a rare institutional-quality hospitality asset on over 17 acres in the heart of Windham's commercial district - the epicenter of the Northern Catskills' booming tourism economy. Fully renovated, stabilized, and generating close to $1M in total revenue without any F&B or group bookings. The property delivers strong cash flow today with significant upside through future development and additional revenue streams.
Stabilized Operations & Proven Revenue
Between 2021 and 2023, Haus Windham underwent a comprehensive two-year luxury renovation encompassing every unit on the property including: all new high-end furnishings, full mechanical upgrades, new appliances, luxury bathrooms, new movie theatre, and the addition of a brand-new fitness center. Guest accommodations feature steam showers, private hot tubs, Jacuzzis, fireplaces, spa-style bathrooms, and complimentary high speed fiber optic WiFi throughout the property. The unit mix includes two signature Glass Mirror Haus units, a private 5-bedroom chalet sleeping 12, (3) duplex suites, and a range of one- and two-bedroom suites with full kitchens. A buyer is acquiring a turn-key operation with a recent capital investment that positions the property for years of low-CapEx performance.
Critical Infrastructure Advantage: Municipal Water & Sewer
Haus Windham is connected to municipal water and sewer - a rare and significant advantage for Catskills properties, where most competing hospitality assets rely on private wells and septic systems that limit density, constrain expansion, and create ongoing maintenance liability. Municipal infrastructure not only supports the current 11-unit operation but dramatically enhances the property's development capacity, removing one of the most common barriers to scaling hospitality projects in the region.
Unmatched Development Potential
The Town of Windham has no zoning ordinance - one of only a handful of municipalities in New York State without one - giving buyers extraordinary flexibility in how they develop and use this land. The property also holds an existing variance that permits the construction of cabins below the town's minimum building square footage threshold, unlocking a high-density cabin or tiny home hotel concept that would be nearly impossible to replicate elsewhere. Combined with municipal water and sewer, the runway for expansion on 17+ acres is substantial.
Proximity to Major Demand Drivers
· 3-minute drive to Windham Mountain Resort (54 trails, 285 skiable acres)
· Walking distance to Windham Country Club & Golf Course
· Steps from the Windham Path, the region's premier multi-use recreational trail
· 12-minute drive to Hunter Mountain (Epic Pass, 68 trails, 320 skiable acres)
· Situated in the heart of Windham's commercial district with dining, shopping, and nightlife