As exclusive agent, Cushman & Wakefield/Pyramid Brokerage Company is pleased to offer for sale a 30-Unit Value-Add Apartment Complex in Ballston Lake, New York (Saratoga County).
Green Oaks Apartments is a 5-building, 30-unit multifamily complex, located at 11-21 Ashdown Road, Ballston Lake, New York 12019 (“the property”). Built in 1972, the unit-mix includes 25 two-bed/one-bath units and five one-bed/one-bath units. Twenty of the 30 units have received light touch renovations, but very few have been fully renovated, leaving tremendous value-add upside.
Green Oaks Apartments are centrally located off Route 146, 5 minutes to I-87. Saratoga is one of the most affluent counties in Upstate, NY and the property is in a top rated and particularly desirable school district, resulting in a consistent waiting list of rental demand.
For more information, please reach out directly to receive the NDA.