13 Eagle Dr - Apartments FOR SALE


Painted Post, NY 14870
$2,100,000 USD
607-737-5280
13 Eagle Dr, Painted Post, NY for Sale
$2,100,000 USD
Apartments - FOR SALE
1/20
null | 7.75% Cap Rate

13 Eagle Dr
Painted Post, NY 14870


HIGHLIGHTS

  • Investment grade property with additional upside potential. (16) two-bedroom, two-bath apartments with attached garages
  • Two Buildings with 8 Units in each building. Situated on +/- 2.5 Acres with room for additional development.
  • Public Sewer & Water. New roofs & exterior finishes. Central air-conditioning
  • Most units have been fully renovated to include granite kitchens, stainless appliances, updated bathrooms, new floors, fresh paint, and more.
  • Washer/Dryers in most units, hook-ups in all units
  • 24-Hr Surveillance in the Common Areas & Exteriors. Approved to be sold as condos; HOA would need to be set up.

OVERVIEW

Rare opportunity to acquire a larger Multi-Unit residential investment grade property with additional upside potential (16) two-bedroom, two-bath apartments with attached garages situated in two Buildings, New roofs & exterior finishes. Most units have been fully renovated to include granite kitchens, stainless appliances, updated bathrooms, new floors, fresh paint, and more. Central air-conditioning, Washer/Dryers in most units, 24-Hr Surveillance in the Common Areas & Exteriors. Units could be sold as condominiums with creation of a HOA. 7.75 % Cap rate

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$140 USD /SF

# OF UNITS

15

PRICE/UNIT

$140,000

CAP RATE

7.75%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

13

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Ronald PanosianAllcom Commercial Brokerage, L.L.C.More Info
607-737-5280

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Ronald PanosianAllcom Commercial Brokerage, L.L.C.More Info
607-737-5280

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