10 Manko Ln - Apartments FOR SALE
Cheektowaga, NY 14227 |
$11,000,000 USD
716-874-3530
10 Manko Ln
Cheektowaga, NY 14227
HIGHLIGHTS
- MARKET RATE VS. AFFORDABLE RATE - $275.00/MTH CONSERVATIVE POTENTIAL
- ALL SUB-METERED UTITLTIES, COMMON LAUNDRY
- EXCELLANT LOCATION, CLOSE TO SHOPPING, THRUWAY ACCESS, SCHOOLS, RECREATION AND BUFFALO CBD.
- ON GOING CAP EX. PROGRAM
- AFFORABLE RESTRICTION EXPIRES OCTOBER 2026
- 4000 SQ. FT COMMUNITY CENTER WITHONSITE OFFES, AND ALSO A SUBSTANTIALONSITE MAT. FACILTIY
OVERVIEW
104 UNITS, BUILT 1996, ALL 2 BEDROOM SINGLE BATH DESIGN.
SEP.UTITLTIES, COMMON LAUNDRY, OPENSURFACE PARKING
BUILT AS AN AFFORDABLE 55+ COMMUNITY (30YRS).
AFFORDABLE RESTRICTION LIFTED ON OCTOBER 2026 (12 MONTHS)
POSSIBLE OWNER FINANCING OPTION
4000 SQ. FT. COMMUNITY CENTER, 2000 SQ. FT. MAINTENACE FACILITY
PLEASE CONTACT LISTING AGENT FORADDITIOANL DETAILS OR TOUR INFO.
FOR SALE DETAILS
PRICE
$11,000,000 USD
PRICE/SF
$88 USD /SF
# OF UNITS
104
PRICE/UNIT
$105,769
CAP RATE
5.95%
% LEASED
96%
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Liberty Park Senior Apartments Cheektowaga
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1996
PARKING SPACES
-
LAND DETAILS
LAND ACRES
5.84 AC
LAND SF
254,390 SF
ZONING
03RA
APN/PARCEL ID
143089-113-150-0003-003-113
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716-874-3530
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716-874-3530
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