Apartment Buildings /NY /Cortland County /Cortland /41 Prospect Ter
Apartment Buildings /NY /Cortland County /Cortland /41 Prospect Ter

41 Prospect Ter - Apartments FOR SALE


Cortland, NY 13045 | 
$1,725,000 USD
585-766-3907
41 Prospect Ter, Cortland, NY for Sale
$1,725,000 USD
Apartments - FOR SALE
1/4
null | 8% Cap Rate
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41 Prospect Ter
Cortland, NY 13045

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OVERVIEW

- 8% Cap Rate - (6) 2 Bedroom/1 Bath and (7) 3 Bedroom/1 Bath Units - Fully Pre-Leased for the 2026-2027 Academic Year - Major Capital Improvements Completed within the Last 5 Years

FOR SALE DETAILS

PRICE

$1,725,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

13

PRICE/UNIT

$132,692

CAP RATE

8%

% LEASED

92%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1920

PARKING SPACES

23

LAND DETAILS

LAND ACRES

0.49 AC

LAND SF

21,440 SF

ZONING

05

APN/PARCEL ID

110200-086-065-0001-004-000-0000

ASK ABOUT THIS PROPERTY

Adam SokolowskiGREAMore Info
585-766-3907

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Adam SokolowskiGREAMore Info
585-766-3907

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