941 James St - Apartments FOR SALE
Syracuse, NY 13203 |
941 James St
Syracuse, NY 13203
HIGHLIGHTS
- Three-building, garden-style apartment complex with on-site laundry and tenant parking.
- Opportunity to acquire a cash-flowing asset with the ability to add value through leasing, approximately 95.6%-occupied as of December 14th, 2020.
- Prime location just outside of Downtown Syracuse, approximately one mile north of I-80 and I-81.
- With a vacancy rate of around 4.5%, apartment rents in the Syracuse market have seen 12-month rent growth at a ±3.5% annual rate.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Chestnut Crossing
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Low-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
78009
STORIES
3
YEAR BUILT
1965
PARKING SPACES
124
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
311500-016-000-0018-021-000-0000,311500-016-000-0018-023-000-0000
