Historical Multifamily Sale Listing - Creekside Apartments at 2665 West Ridge Road

Multifamily For Sale

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Creekside Apartments at 2665 West Ridge Road

2665 West Ridge Rd, Rochester, NY 14626

N/A

28 Units | Multifamily

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Multifamily Property - Off Market

Price:
N/A
No. Units:
28
Building Size:
3,050 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
8%
Occupancy:
100%
No. Stories:
2
Year Built:
1972
Lot Size:
1.68 AC
Parking Ratio:
1 / 1,000 SF
Listing ID
17295478
Last Updated
over 1 year ago

Description

Rare Opportunnity to own an excellent apartment complex in GREECE!!-Excellent location-16 of 28 tenants have been there 5-30+ years! Average rent is $575/month* Owner pays heat, water, hot water-Tenant pays for electric**28 total units**(Seven (7) buildings-4 units per building-Garden Style-Sloped roofs--100% occupied-Coin-ops in each building-**Breakdown of units; (16) One bedroom units, (10) one bedroom units-"1.5 bdrms" with "den" (has a window and closet), and (2) two bedroom units for a total of 28 units.***CAP RATE 8%*** NOI is $110,741 ***Serious-Qualified Buyers only** Call Broker/Owner directly for additional information and planned upside project potential. ** PLEASE DO NOT GO TO PROPERTY WITHOUT BROKER. **

Off 2665 West Ridge Road close to Long Pond Road intersection. Walk to new Walgreens, Ridgemont Plaza and Wegmans.

Map of 2665 West Ridge Rd, Rochester, NY 14626 (Monroe County)

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Created 8/17/2011