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    OFF-MARKET
    Apartment buildings

    2042 Route 44 2038, Pleasant Valley, NY 12569

    Built 1950
    Property ID
    US63-0961912-03
    Property summary
    AI-generated overview

    Investor Opportunity: Premium 24-Unit Asset in Heart of Dutchess County. A rare chance to acquire Pleasant Valley Gardens - a fully stabilized 24-unit multifamily investment in one of the Hudson Valley’s most desirable submarkets. Situated on 1.1 acres along Route 44, this turnkey property includes three well-maintained buildings featuring 14 oversized studio apartments and 10 spacious one-bedroom units, offering a total of 14,350 square feet. The complex is 100% occupied with strong in-place rents and upside potential through strategic value-adds. Amenities include a fully paved parking lot for tenants, professional landscaping, and long-term tenancy mix. Detailed income and expense statements, along with unit-level rent breakdowns, are available upon request. Located just minutes from Poughkeepsie and major commuter routes as Taconic State Parkway, Pleasant Vally Gardens offers both income stability and growth trajectory for the right operator or fund. Please do not disturb residents. Private showings by appointment only.

    Property profile
    Verified
    Property type Apartment buildings
    Year built 1950
    UPID US63-0961912-03
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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