Excellent fully stabilized income property with an 9.8% CAP rate. Property consists of ten buildings that were once single family homes and a motel. They have been beautifully renovated into (24) studio, 1, 2 and 3 bedroom apartments. 3.86 acre site offers additional land for further development. Owners are currently repaving and landscaping the site. Contact agent for pro forma and rent roll.
|Building Size:||10,052 ±SF|
The data relating to real estate for sale on this website comes in part from the Internet Data Exchange Program of Commercial and Industrial Real Estate Brokers. Commercial and Industrial Real Estate Brokers deems information reliable but not guaranteed. This listing courtesy of NAI Platform, (518) 465-1400. Information should be considered reliable but is not guaranteed.