1545 East and West Rd - Apartments FOR SALE


West Seneca, NY 14224
$2,600,000 USD
716-884-4437
1545 East and West Rd, West Seneca, NY for Sale
$2,600,000 USD
Apartments - FOR SALE
1/9
null | 5.45% Cap Rate

1545 East and West Rd
West Seneca, NY 14224


HIGHLIGHTS

  • Suburban garden apartments with balconies and large parking lot
  • All two-bedroom apartments
  • Brick apartments in excellent condition, newer roofs and furnaces
  • Orchard Park School District
  • Residential neighborhood near Transit Road retail corridor
  • Upside with apartment remodeling and increased income

OVERVIEW

20 two-bedroom luxury apartments in two ten-unit brick buildings with parking on a 1.2-acre greenspace hilltop lot. The apartments include appliances, dishwashers, dining areas, good closet space, and balconies and patios on the upper two floors. The buildings are in excellent condition including newer roofs and furnaces. The heat and hot water are included in the rent, there are gas fired forced hot water boilers in each building, and parking is in a large lot next to the buildings. Additionally, there are large individual basement storage rooms and laundry machines in each building. East and West Road near the intersection with Leydecker Road across from Sunshine Park in the town of West Seneca. Nearby is the Transit Road commercial corridor with shopping and entertainment. Orchard Park schools.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$226 USD /SF

# OF UNITS

20

PRICE/UNIT

$130,000

CAP RATE

5.45%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

East and West Road Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

04 - FARM

APN/PARCEL ID

146800-144-160-0001-036-000

ASK ABOUT THIS PROPERTY

Brian HeineBrian Heine - Licensed Real Estate BrokerMore Info
716-884-4437

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Brian HeineBrian Heine - Licensed Real Estate BrokerMore Info
716-884-4437

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