Special Purpose Space For Sale @ 635 South St
635 South St, Highland, NY 12528
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Suzanne H.
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CasaBianca was a favorite destination resort for visitors from the New York Metro for many years prior to its transition to a 14-unit multi-family complex on 26.50 acres of wooded, park-like grounds. There is a pride of ownership in this well run and meticulously maintained complex with nine motel style units, one stand-alone unit, one 2 story/2 unit building, one single family home occupied by the Owner and a separate guest house. All units include quality interiors, fully equipped kitchens, washer and dryer, heat and water and separate electric meters. This turn-key investment is an opportunity to purchase a stable asset with excellent tenancy and a strong cash flow on actuals. A new owner could realize a greater return with a rental upside to increase currently under market rents. Potential uses are resort/lodge/retreat or religious center. Financials will be provided upon request.
Listing company: Ulster County Economic Development Alliance
Pricing: Contact for Pricing
Availability: Now
Listing ID: 729669