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Catskill Rose Lodging & Dining 5355 NY-212

5 Room Bed and Breakfast Mount Tremper, NY 12457 £979,125 (£195,825/Room) 7% Net Initial Yield

Investment Highlights

  • Boutique Inn with full service restaurant
  • Ample room for growth
  • In the heart of the Catskill Mountains

Executive Summary

Rose of the Catskills - This boutique inn-restaurant property has embraced and elevated the region's rich history of hospitality since 1988. Guests can stay in 4 rooms, each with its own porch, and enjoy the 3-season salt water swimming pool, cedar sauna, outdoor shower, changing room, gardens and grounds. A two bedroom, one bath apartment can act as a 5th guest unit or an owner/operator suite. Grow your own food in organic fruit and vegetable gardens and greenhouse. Harvest, prepare and serve to lodging guests and/or the general public in the 24-seat dining room and outdoor courtyard. Use the professional kitchen for on-premises needs and as a commissary kitchen for off-premises catering or food truck. Inherit and add to decades of goodwill built one customer at a time, with ample room for growth. Sale includes real property; furniture, fixtures and equipment; and, if desired, intellectual property—DBA, website, social media, etc. If location is everything, here you have it all. On the NYC bus route, 2 hours from the GWB. Steps away from two quintessential Catskill creeks, the Beaverkill and Esopus. Between the villages of Woodstock and Phoenicia, in the heart of what the Hudson Valley-Catskill Mountain Region has to offer—world class natural beauty, hiking, biking, skiing, fishing, tubing, bathing, wellness, arts, culture and cuisine all in one amazing place! Be a part of it!

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Price £979,125
Price Per Room £195,825
Sale Type Investment
Net Initial Yield 7%
Property Type Hospitality
Property Subtype Bed and Breakfast
Building Class C
Lot Size 1.20 AC
Building Size 8,081 SF
No. Rooms 5
Number of Floors 2
Year Built 1946
Parking Ratio 2.47/1,000 SF
Corridor Interior

Amenities

  • Pool
  • Restaurant
  • High Speed Internet Access
  • Patio
  • On-Site Bar
  • Bed & Breakfast
  • Public Access Wi-Fi
  • Smoke-Free
  • Fully-Equipped Kitchen

Room Mix Information

Description No. Rooms Daily Rate SF
Suite 1 £180.16 -
Guest Room 4 £133.16 -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
5000-025.011-0001-028.000-0000
Land Assessment
£6,266 (2023)
Improvements Assessment
£43,865 (2023)
Total Assessment
£50,131 (2023)
Annual Taxes
-£1 (£0.00/sf)
Tax Year
2024

zoning

Zoning Code R-1.5 (Legal lodging establishment and restaurant by special use permit)
R-1.5 (Legal lodging establishment and restaurant by special use permit)
  • Listing ID: 32951810

  • Date on Market: 25/08/2024

  • Last Updated:

  • Address: 5355 NY-212, Mount Tremper, NY 12457

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