10 Lockhart Lane

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10 Lockhart Lane

Highland, NY 12528
Asking Price
Contact for price
Asset Type
Apartment Building Multifamily
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Multifamily apartment building available for sale in Highland
  • Asset features a total of three residential units
  • Located at 10 Lockhart Lane within New York state
  • Property sits in a growth-oriented Hudson Valley submarket
  • Suitable for residential investors and portfolio management strategies

What's Special

For sale, 10 Lockhart Lane provides a multifamily apartment building well-suited for investors seeking to expand their residential portfolio in Highland, New York. This property consists of 3 units, offering a tangible asset in a region characterized by its accessible location within the Hudson Valley. Highland maintains a residential atmosphere that draws tenants looking for suburban living while remaining within reach of major transportation corridors. The asset type allows for a stable rental stream or potential repositioning strategies to align with local market demand. Its scale makes it an manageable entry point for private investors or those focused on smaller multi-family residential holdings. Given its geographic position in Ulster County, the property benefits from the broader economic activity surrounding Poughkeepsie and the surrounding upstate New York corridor. Prospective buyers should evaluate this location for its long-term utility in the current apartment market.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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