MULTIFAMILY | 50 UNITS | $69,000/UNIT
Upside potential with rental increases continuing with each renewal and new rentals.
All three and four bedroom units in 50 unit apartment complex. Three bedroom units have 1.5 baths. Four bedroom units are two story and have two baths each. Central coin laundry room, car ports, and substantial green space for recereation. Rents are being raised on each renewal and with each new tenant. Apartments stay close to 100% occupied and there is a waiting list for the units. Financials and rent roll on request.
It is not easy to find large units in the marketplace.
The property is located between Binghamton and Oneonta, NY and is just off Rt. 88.
Principals only or brokers with fees paid by buyers.