83 Forestburgh Road

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83 Forestburgh Road

Monticello, NY 12701
Asking Price
Contact for price
Asset Type
Hospitality
Class
Class B

AI Property Summary

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

  • Hospitality asset available for purchase in Monticello.
  • Located at 83 Forestburgh Road in Sullivan County.
  • Property sits within the upstate New York tourism corridor.
  • Suitable for boutique lodging or specialized hospitality operations.
  • Positioned in an area with evolving regional economic activity.

What's Special

This hospitality asset in Monticello, New York, presents an acquisition for investors or operators looking to establish a footprint in the Sullivan County region. Positioned at 83 Forestburgh Road, the property sits within a growing market known for its tourism and proximity to regional recreational attractions. The location benefits from the steady flow of visitors drawn to the natural surroundings and the evolving local economy of the Catskills area. Given its layout and placement, the site is well-suited for a boutique lodging operation, a retreat center, or a guest-focused hospitality business that can leverage the area's increasing demand for weekend and seasonal accommodations. Prospective buyers have the chance to secure a foothold in a changing submarket that balances accessibility with a popular destination appeal. The facility provides a functional base for those aiming to capitalize on the sustained interest in regional travel and outdoor activities across upstate New York.

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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

Location & Travel Times