215-454-2879
7112 NY-104, Oswego, NY for Sale
Apartments - FOR SALE
1/12
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7112 NY-104
Oswego, NY 13126


OVERVIEW

Lakeside Commons is an institutionally-built student housing community with 84 units and 320 beds located adjacent to the SUNY Oswego Campus, in Oswego County, New York – part of the Syracuse Metro Area. The two-level, townhome-style property was built in 2018 and comprises 12 apartment buildings constructed of wood frame with vinyl panel siding and pitched composition roofs. The property is situated on 7.4 professionally landscaped acres and features lake views. Lakeside Commons offers a variety of two-, four-, and six-bedroom floor plans that feature numerous comforts amongst modern amenities, including private bedrooms and bathrooms; electronic door locks; large gourmet kitchens, fully furnished living areas; and full-size washers and dryers. At the Property’s apex is a state-of-the-art, luxury clubhouse featuring a great room with a fireplace, a fully equipped fitness center, a full kitchen and dining area, and the Genius Lab® study lounge. — Purpose-Built Student Housing Property: Built in 2018, Class A Property featuring 12 Townhome-Style Buildings; 320-Bed, 84-Unit Community Adjacent to SUNY Oswego — Diverse Unit Mix: Two-, Four-, and Six-Bedroom Unit Floor Plans; Bed/Bath Parity — Desired Unit Features: Fully-Furnished Living Areas, Modern Kitchens with Stainless Steel Appliances and Granite Countertops, In-Unit Washer/Dryer — Community Amenities: Luxury Clubhouse, Community Kitchen, Dining Area with Booth-Style Seating, “Genius Lab® Study Lounges, Fully-Equipped Fitness Center, Outdoor Courtyard with Fire Pits, and Basketball Court — State University of New York (SUNY Oswego): Premier Public University in Central New York; 700-Acre Lakeside Campus; ±$1B in Campus Investments — Off-Campus Housing Demand: Enrollment of 6,760± Students; 3,750± Students Live Off Campus — Barriers to Entry Student Market: Only Purpose-Built Student Housing Property in Market; No Project in Pipeline for Off-Campus Development — Vibrant Location in Oswego: Central New York Location Situated along the Southeastern Shore of Lake Ontario; Proximity to Downtown Oswego and Syracuse; Convenient to Shops, Public Parks, and Entertainment Venues

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

84

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakeside Commons

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1990

PARKING SPACES

-

LAND DETAILS

LAND ACRES

7.24 AC

LAND SF

315,589 SF

ZONING

01

APN/PARCEL ID

354200-145-006-0001-002-001-0000,354200-145-006-0001-002-002-0000

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215-454-2879

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215-454-2879

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