Courtesy of: Joseph M. Frullaney, Serhant LLC, jfrullaney.realtor@gmail.com
Courtesy of: Joseph M. Frullaney, Serhant LLC, jfrullaney.realtor@gmail.com
$4,850,000
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52 bed
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20,211 square feet
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25.00 Bath (25 Full)
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Lot: 11.42 Acres
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Single Family Residence
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$4,850,000
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.
Courtesy of: Joseph M. Frullaney, Serhant LLC, jfrullaney.realtor@gmail.com
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