Skye View Heights 55+ Development Multi-Family FOR SALE


Endicott, NY
$12,900,000 USD
607-857-3864
, Endicott, NY for Sale
$12,900,000 USD
Multi-Family - FOR SALE
1/59
null | 6.12% Cap Rate

Skye View Heights 55+ Development
Endicott, NY


HIGHLIGHTS

  • 54 units for 55+ independent living
  • Convenient location close to shopping, restaurants and medical care
  • 100% occupancy with waiting list
  • Beautiful low-maintenance units
  • Turnkey investment with rent-improvement potential

OVERVIEW

Discover this premier development in Endicott, an unrivaled investment opportunity in Broome County. Featuring 54 units of 55+ housing, Skye View Heights is ready for new owners. Invest now in this growing asset class; the need for adult independent living will only continue to rise. These communities have very low vacancy rates nationwide, and Skye View Heights is no exception. Pristine units boast renovated interior spaces, modern kitchens and baths, laundry, private garages, fireplaces, patios, spacious bedrooms and more. A stable clientele call these buildings home, and owners report no evictions, but rather have a waiting list for occupants. Between the current performance, ability to increase income, and additional development parcels available, this one is a home run.

ASK ABOUT THIS PROPERTY

Steph JacobsonColdwell Banker Commercial Custom RealtyMore Info
607-857-3864

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Steph JacobsonColdwell Banker Commercial Custom RealtyMore Info
607-857-3864

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