Investment Offering: 81-Unit Multifamily Portfolio – Niagara Falls, NY
Addresses:
4822 Hyde Park Blvd, Niagara Falls, NY – 20 Units
1736 Lafayette Ave, Niagara Falls, NY – 61 Units
Overview:
We are pleased to present an exceptional opportunity to acquire an 81-unit multifamily portfolio located in Niagara
Falls, New York. This two-property package features a diverse mix of studio, one-bedroom, and two-bedroom
apartment units, offering strong tenant appeal and operational efficiency.
Key Highlights:
Unit Mix: Studio, 1-Bedroom, and 2-Bedroom Apartments
Off-Street Parking: Ample on-site tenant parking
Strong Location: Conveniently situated near key commercial corridors, public transit, and educational institutions
Updated Building Systems: Eagle Heights (1736 Lafayette) features a recently upgraded heating system, offering improved energy efficiency and reduced maintenance costs
Attractive In-Place Financing:
Interest Rate: 4.2%
Approximate Loan Balance: $2.68M (assumable)
Lender open to adding a supplemental loan to support value-add strategy
Stabilized Cash Flow: Strong historical occupancy and consistent rental income, with upside potential through minor operational and cosmetic enhancements
Please contact Chris Greco for financial analysis 716-570-7600 chris@grecorealestate.com