Property Description
Rare 20-Property Rental Portfolio | Approximately 40 Parcels | Mountain Lodge Park
Offered for the first time in decades, this unique portfolio includes 20 rental properties across approximately 40 parcels, concentrated within the Mountain Lodge Park community.
Investors can acquire decades of accumulated ownership and capital investment in a single transaction. Numerous properties have received significant structural, mechanical, and cosmetic improvements, including newer roofs, heating systems, kitchens, baths, wells, siding, windows, flooring, and other upgrades.
The portfolio offers established cash flow with additional upside through rent optimization, targeted renovations, rehabilitation of underutilized assets, and potential future use of additional land, subject to applicable approvals.
The concentration of properties provides operational efficiencies rarely available in a portfolio of primarily single-family rentals.
Convenient access to I-87, approximately 60-75 minutes to NYC, 10-15 minutes to Woodbury Common, 20-25 minutes to West Point, and 20-25 minutes to Stewart International Airport.
20 rentals. Approximately 40 parcels. Existing cash flow. Value-add potential. Decades of investment already completed.
Offered for the first time in decades, this unique portfolio includes 20 rental properties across approximately 40 parcels, concentrated within the Mountain Lodge Park community.
Investors can acquire decades of accumulated ownership and capital investment in a single transaction. Numerous properties have received significant structural, mechanical, and cosmetic improvements, including newer roofs, heating systems, kitchens, baths, wells, siding, windows, flooring, and other upgrades.
The portfolio offers established cash flow with additional upside through rent optimization, targeted renovations, rehabilitation of underutilized assets, and potential future use of additional land, subject to applicable approvals.
The concentration of properties provides operational efficiencies rarely available in a portfolio of primarily single-family rentals.
Convenient access to I-87, approximately 60-75 minutes to NYC, 10-15 minutes to Woodbury Common, 20-25 minutes to West Point, and 20-25 minutes to Stewart International Airport.
20 rentals. Approximately 40 parcels. Existing cash flow. Value-add potential. Decades of investment already completed.
Overview
Property Type
Residential
MLS ID
1044612
Listing Last Updated
Property Features & Amenities
Interior
Total Bedrooms
54
Full Bathrooms
26
Flooring
Combination, Hardwood, Tile, Wood
Appliances
Dishwasher, Dryer, Freezer, Oven, Range, Refrigerator, Washer
Other Interior Features
First Floor Bedroom, First Floor Full Bath, Beamed Ceilings, Built-in Features, Ceiling Fan(s), Eat-in Kitchen, Entrance Foyer, Formal Dining, High Ceilings, High Speed Internet, Natural Woodwork, Original Details, Primary Bathroom, Master Downstairs, Recessed Lighting, Washer/Dryer Hookup
Exterior
Garage Spaces
2.0
Water Source
Well, Private, Shared Well
Utilities
Cable Available, Cable Connected, Electricity Available, Electricity Connected, Phone Available, Phone Connected, Propane
Lot Features
Back Yard, Front Yard, Garden, Near Public Transit, Near School, Near Shops, Part Wooded, Secluded, Views, Wooded
Parking
Driveway, Garage, Off Street, Storage
Heat Type
Baseboard, Ducts, Electric, Forced Air, Hot Air, Hot Water, Oil, Propane, Radiant, Radiant Floor
Air Conditioning
Central Air, Ductwork, Wall/Window Unit(s)
Sewer
Septic Tank
Details
Architecture Styles
Other
View Description
Mountain(s), Open, Panoramic, Trees/Woods
Financial
Price
$4,850,000
Real Estate Tax
$1/yr
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