8 Reservoir Road

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8 Reservoir 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).

  • The property is located at 8 Reservoir Road in Highland, New York.
  • This apartment building contains a total of two individual units.
  • The asset is situated within the active and developing Hudson Valley market.
  • Multifamily residential use is suitable for this two-unit apartment property.
  • The location offers connectivity to the broader Ulster County employment base.

What's Special

Highland serves as a key access point to the Hudson Valley, providing residents with proximity to regional transit corridors and the growing economic hubs of Ulster County. This multifamily apartment building sits at 8 Reservoir Road, offering a manageable residential investment in a market that continues to see steady demand for rental housing options. The property consists of two distinct units, providing a straightforward asset for investors looking to expand their portfolio within the Hudson Valley corridor. Its location allows for convenient commutes to nearby Poughkeepsie and surrounding educational and healthcare employers. Given the current configuration, this building is well-suited for a buy-and-hold strategy aimed at long-term tenants seeking access to the recreational and professional opportunities afforded by this growing suburban region. The asset provides a stable entry point for those interested in the Ulster County rental landscape, where residential supply remains a significant factor for local tenants.

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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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