Courtesy: Keller Williams Realty
845-928-8000
This 3 unit building is a rare gem of an asset, well built and tremendous cash flow capabilities. These 3 townhouse style units are superbly well built on ground leased land within the boundaries of SUNY Sullivan. Initially built as supplemental housing, it is now the ONLY on campus housing option. All other housing options on campus have been decommissioned. In addition to all of the physical benefits of this LEED certified building the biggest advantage is that it is operated by the College. Owner is only responsible for Capital Projects, of which there are not many. Lease up, management and collections are all handled by the college. Owner collects revenue from the College and pays Utility Bills and Insurance. Purchase is of the building only, the building is on a Ground Lease. Lease has 15 years remaining plus a 10 year option, with a cash buyout. Additionally lease creates exclusive option to develop additional housing within the campus. This is truly a "mailbox money" opportunity.
Courtesy: Century 21 Country Realty
845-791-5280
Heres an opportunity to own a lakefront commercial building in upcoming Loch Sheldrake. Currently used as a Chinese restaurant, with 3 room apartment upstairs, this property can be converted to another retail spot easily. There is apprx. 1400 sq ft of commercial space on the main floor. Alll kitchen appliances will stay..i.e coolers stove etc. This lake front property does have a deck overlooking the lake for lakeside dining. Full walk out basement for storage. 2nd fllor has a 3 room apartment that is currnetly rented by long term tenants at $900 a month. Good time to buy, so you can do renovations and be ready for the next season. Serious inquiries only please.
Loch Sheldrake is located in New York. Loch Sheldrake, New York has a population of 1,499. Loch Sheldrake is less family-centric than the surrounding county with 0% of the households containing married families with children. The county average for households married with children is 27.82%.
The median household income in Loch Sheldrake, New York is $51,515. The median household income for the surrounding county is $63,393 compared to the national median of $69,021. The median age of people living in Loch Sheldrake is 19.5 years.
The average high temperature in July is 80.1 degrees, with an average low temperature in January of 13.8 degrees. The average rainfall is approximately 51.9 inches per year, with 66.6 inches of snow per year.
