Property profile

172 Airport Rd Yulan, NY 12792

OFF-MARKET
Hospitality properties
8.66 ac lot
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Property summary

AI-generated overview

This exceptional hospitality property, located at 172 Airport Road in Yulan, New York, presents a unique investment opportunity. The 8.66-acre site features a main house and nine additional buildings, totaling ten structures, and offering 38 rooms. Currently configured as a former hotel, this property is ideally suited for a variety of uses, including a hotel, inn, boarding home, tourist home, or even fraternity/sorority housing. The property's lakefront location provides significant appeal and potential for increased revenue. The existing infrastructure offers a solid foundation for redevelopment or continued operation as lodging. The property's zoning allows for a range of uses, providing flexibility for future development plans. Annual real estate taxes are $28,382.75, comprising $14,721.88 in school taxes and $13,660.87 in town taxes. This property offers significant potential for a savvy investor seeking a profitable venture in Sullivan County, New York. The property's size and existing buildings provide ample space for expansion or renovation, catering to a variety of hospitality needs. The location in Yulan, NY, 12792, offers access to local amenities and attractions, further enhancing its appeal to potential guests or residents.

Property profile

Verified
Property type Hospitality properties
Lot 8.66 ac (377,230 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Real Estate Agency

Location

172 Airport Rd Yulan, NY 12792
Yulan metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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