12% CAP RATE Prime investment opportunity on highly visible Highway 27 in Lake Placid! This 29-room property is currently operating as H2A housing and offers strong income potential with the capacity to accommodate up to 130 occupants and is producing an impressive 12% cap rate under its current business model. The building features a durable metal roof ( 5 Years Old) and has been updated with new split-unit HVAC systems in every room, providing efficient and comfortable climate control throughout. With excellent highway frontage and easy access, this property is ideal for continued workforce housing, hospitality conversion, or other income-producing uses. Its large occupancy capacity and recent upgrades make it a turnkey opportunity for investors seeking immediate cash flow in a growing area.