286 Highland Pky - Apartments FOR SALE


Tonawanda, NY 14223
$1,620,000 USD
716-874-3530
286 Highland Pky, Tonawanda, NY for Sale
$1,620,000 USD
Apartments - FOR SALE
1/1
null | 7.8% Cap Rate

286 Highland Pky
Tonawanda, NY 14223


HIGHLIGHTS

  • Exceptional Garden Style Apartment Complexe, close to everything.
  • All market rate apartments currently at 98% occupancy
  • All units have full bath, kitchen appliances, onsite laundry and off street parking.
  • all 2 bed 1 bath units
  • Both metered AND sub-metered utilities.

OVERVIEW

Exclusively offered 18-unit apartment building. located in Tonawanda NY value add apartments. Utilities are metered and sub-metered. Units are all 2 Bedroom designs, with off street parking, coin laundry and storage available. All four complexes are within five (5) minutes of each other. Please see attachments for current income in expenses.

FOR SALE DETAILS

PRICE

$1,620,000 USD

PRICE/SF

$19 USD /SF

# OF UNITS

18

PRICE/UNIT

$90,000

CAP RATE

7.8%

% LEASED

98%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DHW APARTMENT GROUP 157 UNITS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

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 Notice.