218 NY-296 - Hospitality FOR SALE


Windham, NY 12496
$7,999,999 USD
516-993-6919
218 NY-296, Windham, NY for Sale
$7,999,999 USD
Hospitality - FOR SALE
1/73
null | 7.86% Cap Rate

218 NY-296
Windham, NY 12496


HIGHLIGHTS

  • 3-min drive to Windham Mountain
  • Expansion Ready Infrastructure- Municipal Water & Sewer
  • Four Season Demand - Skiing, Fall Foliage, Hiking, Weddings
  • Massive Upside Adding More Cabins - 8 Additional Cabins Plans Approved
  • 17+ Secluded Acres In The Heart of Central Business District
  • Full Gut Renovation and New Furnishings in 2023

OVERVIEW

Resort Property in the Catskill mountains. Direct proximity to Windham Ski Mountain. Marketing description Haus Windham — 17+ Acre Luxury Resort & Development Opportunity | Windham, NY Haus Windham is a rare institutional-quality hospitality asset on over 17 acres in the heart of Windham's commercial district - the epicenter of the Northern Catskills' booming tourism economy. Fully renovated, stabilized, and generating close to $1M in total revenue without any F&B or group bookings. The property delivers strong cash flow today with significant upside through future development and additional revenue streams. Stabilized Operations & Proven Revenue Between 2021 and 2023, Haus Windham underwent a comprehensive two-year luxury renovation encompassing every unit on the property including: all new high-end furnishings, full mechanical upgrades, new appliances, luxury bathrooms, new movie theatre, and the addition of a brand-new fitness center. Guest accommodations feature steam showers, private hot tubs, Jacuzzis, fireplaces, spa-style bathrooms, and complimentary high speed fiber optic WiFi throughout the property. The unit mix includes two signature Glass Mirror Haus units, a private 5-bedroom chalet sleeping 12, (3) duplex suites, and a range of one- and two-bedroom suites with full kitchens. A buyer is acquiring a turn-key operation with a recent capital investment that positions the property for years of low-CapEx performance. Critical Infrastructure Advantage: Municipal Water & Sewer Haus Windham is connected to municipal water and sewer - a rare and significant advantage for Catskills properties, where most competing hospitality assets rely on private wells and septic systems that limit density, constrain expansion, and create ongoing maintenance liability. Municipal infrastructure not only supports the current 11-unit operation but dramatically enhances the property's development capacity, removing one of the most common barriers to scaling hospitality projects in the region. Unmatched Development Potential The Town of Windham has no zoning ordinance - one of only a handful of municipalities in New York State without one - giving buyers extraordinary flexibility in how they develop and use this land. The property also holds an existing variance that permits the construction of cabins below the town's minimum building square footage threshold, unlocking a high-density cabin or tiny home hotel concept that would be nearly impossible to replicate elsewhere. Combined with municipal water and sewer, the runway for expansion on 17+ acres is substantial. Proximity to Major Demand Drivers · 3-minute drive to Windham Mountain Resort (54 trails, 285 skiable acres) · Walking distance to Windham Country Club & Golf Course · Steps from the Windham Path, the region's premier multi-use recreational trail · 12-minute drive to Hunter Mountain (Epic Pass, 68 trails, 320 skiable acres) · Situated in the heart of Windham's commercial district with dining, shopping, and nightlife

FOR SALE DETAILS

PRICE

$7,999,999 USD

PRICE/SF

$656 USD /SF

# OF ROOMS

11

PRICE/ROOM

$727,273 {currency}

CAP RATE

7.86%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Haus Windham

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Interior

BUILDING CLASS

B

YEAR BUILT

1986

PARKING SPACES

60

LAND DETAILS

LAND ACRES

14.87 AC

LAND SF

647,737 SF

ZONING

B-1

APN/PARCEL ID

194600 96.00-1-41

ASK ABOUT THIS PROPERTY

Jordan SakniSimba Property GroupMore Info
516-993-6919

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Jordan SakniSimba Property GroupMore Info
516-993-6919

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.