101 Hooper Rd - Apartments FOR SALE


Endicott, NY 13760
$2,500,000 USD
607-621-0439
101 Hooper Rd, Endicott, NY for Sale
$2,500,000 USD
Apartments - FOR SALE
1/81
null | Request Cap Rate

101 Hooper Rd
Endicott, NY 13760


HIGHLIGHTS

  • 20-unit townhouse-style multifamily property
  • Unit mix includes 9 three-bedroom and 11 two-bedroom units
  • 18 of 20 units recently renovated
  • 16 private drive-in garages plus additional storage space
  • Separate furnaces and water heaters for each unit

OVERVIEW

Property Description Offered for sale is a 20-unit townhouse-style multifamily property located in the highly desirable Endwell market. The property features a strong unit mix of 9 three-bedroom units and 11 two-bedroom units, providing larger layouts that are increasingly difficult to find within the local rental inventory. Over the past year, ownership has completed significant interior renovations, with 18 of the 20 units receiving updated flooring, renovated kitchens, and modernized bathrooms. Each unit is separately equipped with its own furnace and water heater, supporting operational efficiency and tenant convenience. The property also includes 16 private drive-in garages, with additional basement storage available for select units. With renovated interiors, townhouse-style layouts, garage parking, and remaining upside through future rent growth, 101 Hooper Road offers a compelling value-add multifamily investment opportunity in one of Broome County’s strongest residential submarkets. Location Description Located directly on Hooper Road in Endwell, the property benefits from strong visibility and convenient access to shopping, restaurants, healthcare services, and major employers throughout the Greater Binghamton market. The property is situated within the Maine-Endwell Central School District and offers quick connectivity to Route 17/I-86, Interstate 81, and the Vestal Parkway corridor. The surrounding area continues to support strong rental demand driven by established residential neighborhoods, regional employment centers, and limited supply of updated multifamily housing.

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$96 USD /SF

# OF UNITS

20

PRICE/UNIT

$125,000

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1960

PARKING SPACES

16

LAND DETAILS

LAND ACRES

0.73 AC

LAND SF

31,799 SF

ZONING

SM-F

APN/PARCEL ID

034689-142-017-0001-040-000-0000

ASK ABOUT THIS PROPERTY

Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

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Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.