Front Street Portfolio Multi-Family FOR SALE


Binghamton, NY - Westside Binghamton
$2,999,000 USD
607-621-0439
, Binghamton, NY for Sale
$2,999,000 USD
Multi-Family - FOR SALE
1/85
null | 9.53% Cap Rate

Front Street Portfolio
Binghamton, NY
Westside Binghamton


HIGHLIGHTS

  • Excellent Location. Walking Distance to Downtown Binghamton
  • Ample off street parking
  • Spacious units and bedrooms

OVERVIEW

135, 141 and 151 Front Street present an excellent opportunity to acquire a well-maintained student housing portfolio in a premium Binghamton location. Situated within walking distance of Downtown Binghamton, the Clinton Street Bridge, and the Court Street Bridge, the properties offer tenants convenient access to restaurants, entertainment, transportation, and nearby amenities. The portfolio is well-suited for student housing, with large units, oversized bedrooms, and ample off-street parking. This combination is highly desirable in the downtown rental market, where walkability and parking are both important drivers of tenant demand. These properties offer investors a stable, well-located student housing asset with strong market fundamentals, functional layouts, and a competitive position within the Binghamton student housing market. NOI and CAP Rate quoted are Pro Forma.

ASK ABOUT THIS PROPERTY

Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

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Scott WarrenSVN | Innovative Commercial AdvisorsMore Info
607-621-0439

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