288 Mountain Lodge Road

Description

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.

Features

• ✓ First Floor Bedroom
• ✓ First Floor Full Bath
• ✓ Beamed Ceilings
• ✓ Built-in Features
• ✓ Ceiling Fan(s)
• ✓ Eat-in Kitchen
• ✓ Entrance Foyer
• ✓ Formal Dining
• ✓ High Ceilings
• ✓ High Speed Internet
• ✓ Natural Woodwork
• ✓ Original Details
• ✓ Primary Bathroom
• ✓ Master Downstairs
• ✓ Recessed Lighting
• ✓ Washer/Dryer Hookup

Appliances

• ✓ Dishwasher
• ✓ Dryer
• ✓ Freezer
• ✓ Oven
• ✓ Range
• ✓ Refrigerator
• ✓ Washer

Property Details

Cooling

Central Air, Ductwork, Wall/Window Unit(s)

Heating

Baseboard, Ducts, Electric, Forced Air, Hot Air, Hot Water, Oil, Propane, Radiant, Radiant Floor

Basement

Finished, Full, Partial, Partially Finished, See Remarks, Storage Space, Unfinished, Walk-Out Access

Schools