2600 Dewey Ave - Apartments FOR SALE


Greece, NY 14616
$5,750,000 USD
585-259-4050
2600 Dewey Ave, Greece, NY for Sale
$5,750,000 USD
Apartments - FOR SALE
1/6
null | Request Cap Rate

2600 Dewey Ave
Greece, NY 14616


OVERVIEW

Introducing Willow Gardens, an investment opportunity nestled at 2600 Dewey Avenue in Rochester, NY. This impressive 56-unit apartment complex, built in 1970, consists of 5 brick buildings offering a mix of 16 two-bedroom and 40 one-bedroom units. Recent upgrades include new boilers, water tanks, windows, and renovated units. The property boasts a prime location in Greece NY zip code, within the Rochester school district. With a total square footage of 44,724 and a strong financial performance, this complex presents a solid investment. There is no allowance for management/vacancy or repairs in the advertised cap. Add your own for your specific true cap. Willow Gardens is a turnkey opportunity for investors seeking stable returns. Don't miss out on this chance to acquire a well-maintained and profitable asset in a thriving rental market. Proof of funds and proof of financing requested prior to showings.

FOR SALE DETAILS

PRICE

$5,750,000 USD

PRICE/SF

$128 USD /SF

# OF UNITS

4

PRICE/UNIT

$1,437,500

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Willow Gardens

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1970

PARKING SPACES

80

LAND DETAILS

LAND ACRES

1.11 AC

LAND SF

48,352 SF

ZONING

-

APN/PARCEL ID

261400-075-410-0002-031-000-0000

ASK ABOUT THIS PROPERTY

Mark PalazzoRich RealtyMore Info
585-259-4050

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Mark PalazzoRich RealtyMore Info
585-259-4050

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