9901 Niagara Falls Blvd - Apartments FOR SALE


Niagara Falls, NY 14304- Greater Niagara Falls
$3,400,000 USD
716-909-0387
9901 Niagara Falls Blvd, Niagara Falls, NY for Sale
$3,400,000 USD
Apartments - FOR SALE
1/20
null | Request Cap Rate

9901 Niagara Falls Blvd
Niagara Falls, NY 14304
Greater Niagara Falls


HIGHLIGHTS

  • Located on Niagara Falls Blvd. with convenient access to local restaurants, shopping centers, and businesses
  • Balconies and patios on most units
  • Property offers a mix of apartment and townhouse unit types to appeal to a wider audience

OVERVIEW

9901 Grand Island Blvd (Colonial Gardens Apartments) & 9451-9857 Niagara Falls Blvd /1728-1748 100th Street (Windsor Apartments) — Combined Multifamily Investment Offering Executive Summary: Unique opportunity to acquire two well-located multifamily assets in Western New York, being offered together as a combined investment package of 40 residential units. The portfolio consists of 9901 Grand Island Blvd, an apartment community on Niagara Falls Boulevard with some updated unit interiors and a strong rental history, and Windsor Apartments, an established residential community consisting of two 5-unit townhome style buildings located on the corner directly next to the 9901 property. Both properties share the corner of Niagara Falls Blvd. and 100th St. and benefit from Central Niagara Falls area demand, proximity to major transportation corridors, regional employment nodes, and local amenities. 9901 Grand Island Blvd (Niagara Falls, NY): 30 Units Total | 24 two-bedroom & 6 one-bedroom This asset features some updated apartments with resident amenities including coin-laundry in the basement and spacious One and Two Bedroom floor plans in the 14304 zip code. The location provides ready access to retail, services, parks and Niagara Falls International Airport, contributing to consistent occupancy and tenant demand. Windsor Apartments (Niagara Falls, NY): 10 Units Total | 10 two-bedroom townhomes An established apartment community offering a 2 floor townhomes with full basement and laundry hook-ups serving a broad resident base. Positioned along the corner of Niagara Falls Blvd and 100th street, Windsor Apartments benefits from strong regional visibility and connection to surrounding neighborhoods, retail, and transportation. Investment Highlights: • Combined offering creates scale and diversification within a single acquisition • Strong everyday rental demand in Greater Niagara Falls and Grand Island corridor • Value-add potential through targeted interior and exterior improvements • Established tenant base with several residents in place for 10+ years. • 1031-friendly assets ideal for tax-deferred exchange buyers • Proven cash flow with upside through rent optimization and operational efficiencies Location Advantages: Situated in Western New York’s multifamily submarket, both properties are proximate to major roadways, retail destinations, schools, and recreation opportunities. Tenants enjoy convenient access to Niagara Falls, Buffalo, and surrounding employment hubs, making these properties attractive to a wide tenant profile.

FOR SALE DETAILS

PRICE

$3,400,000 USD

PRICE/SF

$89 USD /SF

# OF UNITS

40

PRICE/UNIT

$85,000

CAP RATE

Request Cap Rate

% LEASED

95%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Colonial Garden

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1972

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.28 AC

LAND SF

55,757 SF

ZONING

C3

APN/PARCEL ID

291100-146-019-0003-018-000

ASK ABOUT THIS PROPERTY

Sydney MazurNorthStar Development - MedTech Landing ApartmentsMore Info
716-909-0387

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Sydney MazurNorthStar Development - MedTech Landing ApartmentsMore Info
716-909-0387

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