Blair Road Apartments

Investment Overview

Blair Road Apartments is a nine-unit multifamily property at 17 Blair Road in Kerhonkson, NY. The unit mix is uniform — all nine apartments are two-bedroom, one-bath — across approximately 9,600 square feet. Units feature large windows, natural wood trim, and private decks off the living rooms in the upper apartments, with off-street parking in a rear lot. The property sits on a quiet residential road immediately off the Route 209 corridor — a country setting with daily-needs retail, Kerhonkson Elementary School, and a UCAT fixed-route transit stop all under a mile, and Ellenville Regional Hospital and a Walmart Supercenter within a fifteen-minute drive. Rondout Valley Middle and High School are eight miles northeast in Accord.

Investment Highlights

• All 2 Bed / 1 Bath Units
• 100% Occupancy
• Value Add
• Little Deferred Maintenance
• Dedicated Utility Room
• Two Pacels included are potentially developable