Main Street Cooperstown Mixed-Use Acquisition | Lease-Backed Commercial Asset

Irreplaceable Location and Asset -Attractive Unit Mix for Market Demand -500 ft from the National Baseball Hall of Fame -2 blocks to Otsego Lake -500,000+ annual visitors -Main Street frontage + ~8,500 VPD Capital-Light Value-Add -8–10 week reposition timeline -Non-structural improvements only -Existing 13,500 SF asset Income-Focused Structure -4 income streams -Triple-net (NNN) 10-year lease structure -~$450K+ stabilized NOI (lease-based) Attractive Basis + Upside -Total project: $5.4M -Target value: ~$7.1M+ -Yield on cost: ~8.3–8.5% -IRR target: ~13–18% Demand + Growth Tailwinds -Supply-constrained market -300+ new luxury estates under development -15,000+ annual visits from development crews, vendors, and technical specialists supporting ongoing residential buildout. -Year-round tourism + employer base (Bassett Medical Center, etc.) Happy to share more information. Email redacted or DM Thank you!