8 Hillside Place

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8 Hillside Place

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 immediate sale
  • Located at 8 Hillside Place in Highland
  • Building features a total of two units
  • Situated within the accessible Ulster County region
  • Suitable for private investors or owner-operators

What's Special

This multifamily property at 8 Hillside Place in Highland, New York, is currently available for sale and presents a clear investment prospect for those looking to expand their residential holdings. Comprising two distinct units, the apartment building fits well into the portfolio of a private investor or a local owner-operator seeking to capitalize on the steady rental demand in this Hudson Valley community. Highland serves as a key access point to the broader region, offering proximity to transit corridors and a lifestyle defined by the landscape of Ulster County. The asset scale allows for straightforward management while providing a stabilized income stream within a residential submarket. Potential buyers should consider the utility of these units for long-term residential housing, which remains a primary need for the growing population in this sector of the state. With its manageable footprint, this property provides a viable entry point for those focusing on small-scale multifamily acquisitions in a historic and accessible metro-adjacent location.

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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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