8235 Buffalo Ave - Apartments FOR SALE


Niagara Falls, NY 14304- Greater Niagara Falls | 
$4,325,000 USD
716-874-3530
8235 Buffalo Ave, Niagara Falls, NY for Sale
$4,325,000 USD
Apartments - FOR SALE
1/17
null | 8.37% Cap Rate

8235 Buffalo Ave
Niagara Falls, NY 14304
Greater Niagara Falls


HIGHLIGHTS

  • strong rental pipline, easy access with public transportaion
  • parklike setting, rents below market
  • shopping,schools, parks and recration all nearby/ close to canadian border and buffalo CBD"s

OVERVIEW

? Located in the Lasalle District of Niagara Falls, ? Minutes from the Niagara Falls Factory Outlet Mall, Restaurants, Shopping, Schools, Parks & Recreation. ? 15 minutes to the Canadian border & 25 minutes to the Greater Buffalo CBD. ? Silver Lake is comprised of 60 garden style units. ? Spacious floor plans, eat in kitchen & appliances. ? Tenant storage, Coin laundry & Surface parking. ? Six buildings, with 10 units in each. ? Exteriors are masonry and stucco construction. ? Roofs are flat and replaced within the past 10 years. ? Access to all major roadways and interstates ? Close to scenic Niagara Falls, the Town of Lewiston and the Greater Buffalo region. ? Strong tenant pipeline which includes the Niagara Falls Factory Outlet Mall, Lasalle Power Retail Center, Niagara Falls Tourism & Trade and Seneca Niagara Casino. ? The Lasalle district is a strong residential area. ? Public transportation at the property site.

FOR SALE DETAILS

PRICE

$4,325,000 USD

PRICE/SF

$65 USD /SF

# OF UNITS

60

PRICE/UNIT

$72,083

CAP RATE

8.37%

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Silver Lake Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1956

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.04 AC

LAND SF

88,862 SF

ZONING

R3-A

APN/PARCEL ID

291100-161-017-0002-009-000,291100-161-017-0002-024-000

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.