"NO FLOOD ZONE HERE!" HIGH AND DRY IN THE CENTER OF NEW PALTZ! Fully Renovated Rooms For Students Or Weekend Getaways For Sale !!! Great Investment. CAP RATE 8.78% Multi Family property converted into updated 18 rooms 7 full bathrooms and now the legendary "The New Paltz Hostel" is for Sale. Zoned commercial & residential... The New Paltz Hostel has recently updated their establishment and offers updated 18 turn key rooms For college students and or weekend getaways plus offers a (multi coin operated laundry room). Large parking lot offers plenty of spaces for guests and street parking is always available and the Location is Key. The opportunity of owning this large property and a very successful turnkey business located perfectly for quiet Study nights and short walks to restaurants, starbucks and chase bank on Main St in New Paltz Suny Area is priceless. COPIES OF ANNUALS EXPENSES WILL BE PROVIDED.
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