Monticello Cresent Luxury Townhomes
Fully Approved, Shovel-Ready project in Sullivan County. Rare rental opportunity
Marketing description
UNIQUE OPPORTUNITY IN PRIME LOCATION! Offered for the very first time - one of the Hudson Valley’s largest fully approved, shovel-ready projects! This 187-unit townhome complex has 8 units completed, leased and generating income, with 179 ready to build. This project is currently designed and being marketed as a high-end/luxury market rate rental project and can be converted to individually owned townhomes if desired. The current unit layouts offer 3 levels of living, with garages and a metro design concept with functional flow, utility and natural light. Most of the infrastructure is already in place, from drainage ponds to underground utilities. Road cuts and clearing complete; building permits can be pulled immediately. A lucrative opportunity to provide much needed housing relief in a rapidly growing region. Located just off Highway 17/86 and just minutes to Bethel Woods, Resorts World, and a renaissance in downtown Monticello. Scenic views of the Catskills abound. Get in at ground level! Don’t wait!
Investment highlights
187 fully approved single family townhouse complex, shovel ready
1 building with 8 units already built and generating income, 179 units to be built
Most infrastructure already in place - roadways, retention ponds, underground utilities
Designed and marketed as luxury units with modern floorplans & single family living in mind
Prime location just off Highway 17/86 with scenic views of the Catskills
Walking distance to village amenities
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