8388 Bay St - Apartments FOR SALE


Sodus Point, NY 14555
$1,175,000 USD
585-303-7536
8388 Bay St, Sodus Point, NY for Sale
$1,175,000 USD
Apartments - FOR SALE
1/60
null | Request Cap Rate

8388 Bay St
Sodus Point, NY 14555


HIGHLIGHTS

  • Lots of natural light

OVERVIEW

Prime LCR-zoned investment opportunity in the Village of Sodus Point, NY. Three Schooners Landing is a turnkey, condo-style three-unit short-term rental property built in 2016 and kept in like-new condition. Each up-and-down unit is identical and fully furnished, including linens, décor, kitchenware, and quality finishes—ready for immediate Airbnb or short-term rental operations. The property offers 4,300 sq ft of living space across the three units, each featuring its own garage, full basement with egress windows, modern mechanicals, and private entrances. Situated on 0.75 acres, the parcel provides room for potential expansion, with space to add an additional unit subject to approvals. This is a genuine turnkey package enhanced by extensive recent upgrades that boost guest experience and operational efficiency: a newly built custom property website (www.threeschoonerslanding.com), integrated SEO marketing, Facebook presence, Google Business profile with 5-star reviews, new grills, remote keyless entry, remote thermostats, water-leak detection with auto shutoff, alarm system, and branded marketing materials including drink cozies and coffee mugs. A significant income advantage transfers to the buyer: the owner already has 123 nights booked for the 2026 season, all of which will convey, including any additional bookings secured prior to closing. Whether held as a high-performing short-term rental investment, converted to long-term leases, or expanded for increased revenue, this property delivers exceptional flexibility, prime location, and immediate cash-flow potential in one of the Finger Lakes’ most desirable waterfront communities.

FOR SALE DETAILS

PRICE

$1,175,000 USD

PRICE/SF

$273 USD /SF

# OF UNITS

3

PRICE/UNIT

$391,667

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2016

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

LCR

APN/PARCEL ID

544203-071-119-0018-316-169-0000

ASK ABOUT THIS PROPERTY

Luke CinoCornerstone Realty AssociatesMore Info
585-303-7536

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Luke CinoCornerstone Realty AssociatesMore Info
585-303-7536

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