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Updated 3 days ago on .

User Stats

4
Posts
0
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Bryan Browne
  • Professional
  • Austin TX/Brooklyn NY
0
Votes |
4
Posts

Inn/Short Term Rental Opportunity in the Hudson Valley

Bryan Browne
  • Professional
  • Austin TX/Brooklyn NY
Posted

Hello!

I'm the owner of a small Inn in Rhinebeck NY starting operations at the end of 2024. My wife is currently pregnant and we decided to part ways with the business for lifestyle reasons, so wanted to share this great opportunity.

We've done the hard work renovating extensively, furnishing, getting reviews, and streamlining operations. The Inn is now on track to operate at ~60% year round occupancy and a $275 ADR. Additionally, for those with w2 jobs this a great opportunity to leverage a cost segregation report and employ bonus depreciation to offset your federal income tax (likely $300k+ based on the purchase price offering).

The Rhinebeck and Clinton NY area is extremely sought after with the best downtown in the hudson valley - tons of tourist demand, great schools, and limited inventory. The Inn is located on 6 private acres and up the road from the world renowned omega institute (another strong source of guest demand).

For those looking for a lifestyle change, tax efficiency, and long term income potential definitely check out the listing below and let me know if you have any questions.

Listing: https://www.upstatedown.com/439-lake-dr

Inn website: https://www.theharlowhouse.com/