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Investment Highlights

  • *FIRST YEAR MGMT/MAINT/MARKETING INCLUDED* Full Existing Contracted Management & Maintenance, Incl. Marketing + Booking

Executive Summary

*Current ownership is including its time for the FIRST FULL YEAR of management of the Property, the Marketing & all Maintenance of all (5) properties to welcome new owner and ease the transition. Properties are fully care-staffed, actively running & generally contracted throughout the year, and beyond. Training (if desired) as well during Y1; included with the portfolio are ~$150,000 in landscaping/caretaking/machinery equipment which the PM's operate.* The High Peaks NY Portfolio is a rare opportunity to acquire (5) High-End Vacation Properties that generates ~$1.2m YOY - all within a few minutes from each other, near Lake Placid in the heart of the beautiful Adirondacks. Each property secures between 200-217 booked nights each year, yielding over 1100+ paid nights booked. All properties are largely locally maintained, through ongoing contracts. Each unit is impeccably maintained and run, and seen strong growth over the last 4-Years, improved and optimized over the 9-years of ownership. All online visibility, with a majority of bookings coming from their website, as well as most of the major vacation rental sites. Many more details, please visit www.thp.nyc for financials & more. Visit www.thp.nyc for financials & more.

Property Facts

Price $21,493,056 CAD
Price / SF $968.16 CAD / SF
Sale Conditions
1031 Exchange
  • Bulk/Portfolio Sale
Sale Type Investment
Status Active
Number of Properties 5
Individually For Sale 0
Total Building Size 22,200 SF
Total Land Area 36.96 AC
  • Listing ID: 35742934

  • Date on Market: 2025-05-05

  • Last Updated:

  • Address: The High Peaks NY Portfolio, Upper Jay, NY

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