Exceptional opportunity to own a newer, fully occupied townhouse community in the highly desirable town of Niskayuna, New York. Strategically located near major employers such as Knolls Atomic Power Laboratory and GE Global Research, Niskayuna is a national hub for engineering, scientific, energy, and defense research.
This award-winning community sits on a 3-acre parcel zoned for 30 units, with 15 units currently constructed. Built in November 2019, the property benefits from modern construction and strong tenant demand. Strict tenant screening and income requirements ensure a high-quality resident base. Currently 100% occupied.
Investors will appreciate the value-add potential through rental increases and future development opportunities. Conveniently located 9.3 miles from Albany International Airport, 23 miles from Saratoga Springs, 55 miles from Lake George, and just a 3-hour train ride to Midtown Manhattan, this property offers both stability and long-term growth potential. NDA attached - 3 bedroom, 2.5 bath with attached garage. C/A, Granite Countertop w/stainless steel appliances. 9Ft ceilings first floor. No carpeting-Rear Patio for each unit