The Mainstay
Luxury B&B and vacation rental on a full-acre lot in one of New York’s most affluent and desirable communities, known for its luxurious lifestyle and prime real estate. Implemented a large-scale value-add renovation project that more than doubled the property’s value based on recent appraisal. Commands premium and stable rents throughout both the summer and winter seasons.
Acquired:
Aug 2020
Projected IRR:
31.0%
