5973 New York 28 - Hospitality FOR SALE


Phoenicia, NY 12464
$2,200,000 USD
845-332-0118
5973 New York 28, Phoenicia, NY for Sale
$2,200,000 USD
Hospitality - FOR SALE
1/36
null | Request Cap Rate

5973 New York 28
Phoenicia, NY 12464


OVERVIEW

Exceptional Investment Opportunity in the Catskills! Welcome to Simpler Times Cabin, a rare and lucrative 6-acre income-generating property nestled along the picturesque Esopus Creek in Phoenicia, NY. It has been owned and operated by the same family through 3 generations for over 50 years. This fully operational hospitality business offers multiple revenue streams, including 9 charming, fully-equipped rental cabins, a two family residence, and 21 seasonal RV pads 'all situated in a highly desirable tourist destination known for outdoor recreation, fly fishing, and year-round mountain getaways. The property is being sold as a turn-key business, with all cabins and infrastructure included. Located less than a mile from the Hamlet of Phoenicia and less than 2 miles from the famous Phoenicia Diner,guests return year after year for the peaceful creekside setting, rustic charm, and close proximity to the Catskill Park, Hunter Mountain, Belleayre Ski Center, and the vibrant village of Woodstock. It is 25 miles from the city of Kingston and Exit 19 of the NYS Thruway. Whether you're looking to expand an existing hospitality portfolio or live and work in one of New York's most scenic regions, this is a rare chance to own a thriving business with proven income and growth potential. Zoned for multi-use with ample parking, utilities, and space to expand, Simpler Times Cabin is a true gem in the heart of the Catskills.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$447 USD /SF

# OF ROOMS

9

PRICE/ROOM

$244,444 {currency}

CAP RATE

Request Cap Rate

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Simpler Times Cabins

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1925

PARKING SPACES

18

LAND DETAILS

LAND ACRES

6 AC

LAND SF

261,360 SF

ZONING

HC

APN/PARCEL ID

5000-013.016-0002-020.000-0000

ASK ABOUT THIS PROPERTY

Michael ShaughnessyHalter Associates RealtyMore Info
845-332-0118

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Michael ShaughnessyHalter Associates RealtyMore Info
845-332-0118

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