Historical Multifamily Sale Listing - Countryside apts

Multifamily For Sale

This Multifamily property is Off-Market. Search below to find active commercial real estate for sale or lease.

Browse More Listings in Multifamily For Sale, Rome, NY or New York

Countryside apts

7109 route 69, Rome, NY 13440

N/A

24 Units | Multifamily

  • Print

Multifamily Property - Off Market

Price:
N/A
No. Units:
24
Building Size:
6,000 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Commission Split:
2%
Cap Rate:
9%
Lot Size:
2 AC
Listing ID
17733262
Last Updated
258 days ago

Description

THE COUNTRYSIDE APARTMENTS, LOCATED ON nearly 2 ACRES OF LAND! Laundry on the premises, huge yard, bbq grill, rehabbed in 2007 and 2012, nice quiet country apt bldg. Has 6 cottages and 18 standard apt units. Has a ton of potential because it has land and is located in a very nice neighborhood, no other apt bldg for miles. Safe and no crime.

Gross monthly rent estimate $13,200 (pro-forma)
rent roll;
#1 1 br $575
#2 studio $475
#3 studio $475
#4 studio $475
#5 studio $475
#6 studio $475
#7 studio $475
#8 studio $475
#9 studio $475
#10 studio $475
#11 studio $475
#12 studio $475
#13 2 br cottage $800
#14 1 br cottage $700
#15 2 br cottage $750
#16 2 br cottage $800
#17 1 br cottage $700
#18 1 br cottage $700
#19 1br $500
#20 studio $475
#21 studio $475
#22 studio $600
#23 studio $400
#24 1br $550
laundry $100
Total estimated annual income (pro-forma) $158,400

Estimated annual expenses
$25,000k utls
$2300 insurance
$4100 water and sewage
$15,272 taxes
$1973 lawn and snow removal
$3600 trash
management fees typically 7% of gross collected rent

Close to Griffiss Tech Center, and New York's largest casino Turning Stone are just minutes away. The only apt bldg within a mile, very desirable. About 40 min from Syracuse U, close to Hamilton College.

Map of 7109 route 69, Rome, NY 13440 (Oneida County)

Research for 7109 route 69, Rome, NY 13440 (Oneida County)

  • Demographics – Population, income & other demographics near 7109 route 69
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building
Created 7/3/2012