6285 Robinson Rd - Apartments FOR SALE


Lockport, NY 14094
$6,150,000 USD
716-570-7600
6285 Robinson Rd, Lockport, NY for Sale
$6,150,000 USD
Apartments - FOR SALE
1/9
null | 9.46% Cap Rate

6285 Robinson Rd
Lockport, NY 14094


OVERVIEW

Prime Investment Opportunity: With 87 units spread across 4 buildings, this property presents a well-balanced portfolio that promises economies of scale and operational efficiency. The potential for a high return on investment is undeniable, making it a lucrative opportunity for savvy investors looking to maximize their profits. 70-1 Bedroom units and 17-2 bedroom units. 2 of the 87 units are not included in price due to them needing renovation. Thriving Suburban Gem: Nestled in the heart of the vibrant Town of Lockport within the Buffalo MSA, this property offers an attractive suburban location that boasts affordable living, a stable workforce, and consistent rental demand. With strong occupancy rates and steady rent growth, this investment opportunity is poised to deliver long-term financial success while benefiting from the area's ongoing economic development. Strong cash on cash return Contact Chris Greco for financial analysis and property tours 716-570-7600 chris@grecorealestate.com

FOR SALE DETAILS

PRICE

$6,150,000 USD

PRICE/SF

$121 USD /SF

# OF UNITS

87

PRICE/UNIT

$70,690

CAP RATE

9.46%

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Maplewood West

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1980

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.02 AC

LAND SF

44,626 SF

ZONING

-

APN/PARCEL ID

292600-138-000-0001-041-000

ASK ABOUT THIS PROPERTY

Chris GrecoGreco Real EstateMore Info
716-570-7600

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Chris GrecoGreco Real EstateMore Info
716-570-7600

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