Grandview Apartments
THE GRANDVIEW 12. TWELVE UNITS on 3.5 ACRES.
Marketing description
The Grandview Twelve: Turnkey Brick Multi-Family on 3.5 Acres
Discover a rare turnkey multi-family asset in the heart of the Catskills. This commanding 11,704 sq. ft. brick apartment building offers the perfect blend of structural integrity, modern updates, and high-yield potential. Situated on a sprawling 3.5-acre lot, this property provides a sense of space and privacy rarely found in multi-unit investments. A timeless, low-maintenance brick exterior ensures durability and aesthetic appeal for years to come. Peace of mind comes standard with a newer roof, significantly reducing near-term capital expenditure. Fully connected to municipal water and sewer. All 12 units feature a highly marketable 2-bedroom, 1-bathroom configuration, catering to the region's strongest rental demographic. Off-street parking lot accommodates 20+ vehicles, a premium feature for tenants and guests. The 3.5-acre parcel offers potential for outdoor tenant amenities, green space, or future site expansion (subject to local zoning). Located in Grand Gorge, minutes from the crossroads of 2 state highways, this property serves as a central hub between the high-demand ski markets of Windham and Hunter and the growing employment centers in Oneonta and Delhi. With over 11,000 square feet of rentable space and a simplified management profile thanks to the uniform unit layouts, 190 Grandview is a powerhouse addition to any portfolio. Whether you are looking for a steady "buy-and-hold" income stream or a value-add play through cosmetic interior updates, this brick-and-mortar staple is built for long-term appreciation. Schedule your private tour today to witness the scale and stability of this Catskill Mountain landmark.
Investment highlights
The Grandview Twelve: Turnkey Brick Multi-Family on 3.5 Acres
Discover a rare turnkey multi-family asset in the heart of the Catskills. This commanding 11,704 sq. ft. brick apartment building offers the perfect blend of structural integrity, modern updates, and high-yield potential. Situated on a sprawling 3.5-acre lot, this property provides a sense of space and privacy rarely found in multi-unit investments. A timeless, low-maintenance brick exterior ensures durability and aesthetic appeal for years to come. Peace of mind comes standard with a newer roof, significantly reducing near-term capital expenditure. Fully connected to municipal water and sewer. All 12 units feature a highly marketable 2-bedroom, 1-bathroom configuration, catering to the region's strongest rental demographic. Off-street parking lot accommodates 20+ vehicles, a premium feature for tenants and guests. The 3.5-acre parcel offers potential for outdoor tenant amenities, green space, or future site expansion (subject to local zoning). Located in Grand Gorge, minutes from the crossroads of 2 state highways, this property serves as a central hub between the high-demand ski markets of Windham and Hunter and the growing employment centers in Oneonta and Delhi. With over 11,000 square feet of rentable space and a simplified management profile thanks to the uniform unit layouts, 190 Grandview is a powerhouse addition to any portfolio. Whether you are looking for a steady "buy-and-hold" income stream or a value-add play through cosmetic interior updates, this brick-and-mortar staple is built for long-term appreciation. Schedule your private tour today to witness the scale and stability of this Catskill Mountain landmark.
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