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- LoopNet Team
5207 Route 32
Catskill, NY 12414
B&B Lounge · Multifamily Property For Sale
·
30 Units

INVESTMENT HIGHLIGHTS
- Location - not too urban, not too rural. Beautiful rural green grounds with close proximity to urban lives.
- Turn key income opportunity
- All seasons operation
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- High Speed Internet Access
- Patio
SITE AMENITIES
- Pool
- Smoke Detector
ABOUT 5207 ROUTE 32 , CATSKILL, NY 12414
Prime investment opportunity in great location. Between Albany and NYC, property is located in growing Hudson Valley region. Next to popular destinations of Hunter Mountain, Windham Mountain and Hudson river. Resort type layout allows property to be operated in several ways depending on demand and owner's desires. Operate as Resort, AirBnB, or long term apartments. - 32 rental units of various sizes and types (studios, 2 and 3 bedroom apartments and cabins with 58 bedrooms total) are suitable for both short and long term rentals. Currently completely rented out long term. Several utilities buildings - Restaurant/Bar Main building is a gem. - Outdoor amenities such as pool, BBQ, gardens Property is situated on 12ac. Total usable building sq.f. is about 27,000 sq.f. Price is under new construction cost. Everything is operational, many updates and new constructions within past decade. Solar panels were installed in 2018. Own septic and well systems. All up to date licensing's, including liquor license. Turn key investment with a good upside and further development possibilities.
PROPERTY TAXES
| Parcel Number | 192689 153.00-2-10 | Improvements Assessment | $474,100 |
| Land Assessment | $86,400 | Total Assessment | $560,500 |
PROPERTY TAXES
Listing ID: 21989397
Date on Market: 1/15/2021
Last Updated:
Address: 5207 Route 32, Catskill, NY 12414
