This property is Off-Market

2665 West Ridge Rd
Rochester, NY 14626 ·

28 Units · Multifamily For Sale

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Creekside Apartments at 2665 West Ridge Road

Price N/A Cap Rate 8%
No. Units 28 Occupancy 100%
Building Size 3,050 SF No. Stories 2
Property Type Multifamily Year Built 1972
Property Sub-type Garden/Low-Rise Lot Size 1.68 AC
Property Use Type Investment Parking Ratio 1 / 1,000 SF
Listing ID: 17295478 Date Created: 08/17/2011 Last Updated: 01/05/2012

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.

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

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