103 Cotter Road

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103 Cotter Road

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 located in Highland, New York
  • Asset situated at the 103 Cotter Road address
  • Positioned within the established Hudson Valley rental market
  • Suitable for residential rental investment and portfolio expansion
  • Accessible location convenient for regional commuter access

What's Special

This multifamily apartment building at 103 Cotter Road in Highland, New York, serves as a steady asset for investors seeking residential rental properties. Located within the Hudson Valley, Highland benefits from its proximity to Poughkeepsie and the broader New York City commuter region, where consistent demand for housing persists. The area offers a blend of regional commercial activity and suburban character, supporting long-term occupancy for residential units. Institutional and private investors often target properties of this classification to expand their portfolios in established markets. Given the residential nature of the site, it is well-suited for traditional rental operations or repositioning strategies. Prospective buyers can leverage the accessibility of Highland to attract tenants who work locally or travel into neighboring urban centers. This building represents a straightforward acquisition for those active in the regional multifamily sector.

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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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