286 Highland Pky - Apartments FOR SALE


Tonawanda, NY 14223
$8,200,000 USD
716-874-3530
286 Highland Pky, Tonawanda, NY for Sale
$8,200,000 USD
Apartments - FOR SALE
1/4
null | 6.2% Cap Rate

286 Highland Pky
Tonawanda, NY 14223


HIGHLIGHTS

  • 4 Exceptional Garden Style Apartment Complexes
  • All market rate apartments currently at 98% occupancy
  • All units have full bath, kitchen appliances, onsite laundry and off street parking.
  • All four properties within a 5 minute drive time within each other
  • Both metered AND sub-metered utilities.

OVERVIEW

Exclusively offered 82 unit apartment portfolio consisting of four (4) separate garden style apartment communities. Properties are ALL located in Kenmore, Tonawanda and North Buffalo. Excellent opportunity to own well cared for, value add apartments. Utilities are metered and sub-metered. Units are both 1 and 2 Bedroom designs, with off street parking, coin laundry and storage also available. All four complexes are within five (5) minutes of each other. Please see attachments for current income in expenses.

FOR SALE DETAILS

PRICE

$8,200,000 USD

PRICE/SF

$95 USD /SF

# OF UNITS

82

PRICE/UNIT

$100,000

CAP RATE

6.2%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DHW Apartment Portfolio

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1950

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.55 AC

LAND SF

111,078 SF

ZONING

-

APN/PARCEL ID

146489-066-490-0003-019-000

ASK ABOUT THIS PROPERTY

Michael BattagliaNetwork One RealtyMore Info
716-874-3530

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Michael BattagliaNetwork One RealtyMore Info
716-874-3530

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