Philmont Heritage Portfolio FOR SALE


Philmont, NY
$4,150,000 USD
914-798-4900
, Philmont, NY for Sale
$4,150,000 USD
FOR SALE
1/23
null | 8.63% Cap Rate

Philmont Heritage Portfolio
Philmont, NY


HIGHLIGHTS

  • Total Units: 26 units across all properties, ranging from 1-bedroom apartments to 3-bedroom duplexes.
  • Total Number of Properties: 7 houses, and 2 garages.
  • Financing: Opportunity for financing structure details to be discussed. Current mortgage terms are assumable.

OVERVIEW

This exclusive opportunity features a portfolio of seven properties in Philmont, NY, offering a mix of residential units across various addresses, all within a few block radius. The seller will sell the entire portfolio, individual buildings, or packages of buildings depending on buyer’s interests and the terms of the understanding. This portfolio offers an immediate income-generating investment with a forecasted cash basis net income of $358,022 and an attractive 8.6% cap rate. With a mix of fully renovated units and others primed for upgrades, this portfolio offers immediate returns and long-term appreciation in a market with rising property values and increasing demand. 7 Houses + 2-Car Garage Please contact Rachel Haley for more information. 518.894.7656 | rhaley@houlihanlawrence.com

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914-798-4900

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914-798-4900

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