0 The Sullivan Catskills, Woodland, NY 12464
This exceptional investment opportunity in the Sullivan Catskills presents a unique blend of hospitality and entertainment businesses. Priced at $1,199,000, the property boasts a 12-unit motel with lake access and deeded rights to the 100-acre Lake Huntington. Eight units are efficiency rooms with kitchenettes and bedrooms, while four are single-room units. The motel enjoys a prime location, fully booked throughout the summer via Airbnb. In addition to the motel, the property includes a pizzeria, restaurant, and bar complete with a dance floor and a fully equipped kitchen. Two multi-family units provide seven additional rental opportunities, further enhancing income potential. A two-bedroom cottage and a 24x24 shed are also included, along with all furniture and kitchen equipment. The property's six buildings offer stunning lake views. Its proximity to Bethel Woods, Narrowsburg, and Callicoon adds to its appeal. This turnkey operation presents a rare chance to acquire multiple established businesses in a desirable location, offering significant income potential and a strong return on investment. The property is located in Woodland, NY, zip code 12464. Further details are available upon request.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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