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101 Randall St Florida, NY a/k/a Rt 94 101 Randall St 4 Unit Apartment Building $495,000 ($123,750/Unit) 8.58% Cap Rate Florida, NY 10921



Investment Highlights
- 4 Unit Multi Family Investment Property
- Separate electric meters, nat'l gas, municipal water
- Opportunity to raise rents and lower expenses
- Large one-bedroom apartments. Great rental history
- Good rental history, recent renovations
- Plenty of parking, large yard, convenient location.
Executive Summary
Multi-unit Investment property in the Village of Florida – Town of Warwick, Town of Goshen border. Four Large - 1-bedroom apartments. Full basement, large parking lot and property. A lot of recent upgrades. One apartment just renovated w/ new floors, ceilings, kitchen, all new windows. Two apartments are in very good shape and one that needs a little TLC. Full basement, natural gas, baseboard heat, separate electric meters. There is a lot of upside potential in the rents and plenty of opportunities to reduce the
expenses. Property is stabilized with the renovated apartment coming on the market for lease very shortly.
expenses. Property is stabilized with the renovated apartment coming on the market for lease very shortly.
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 1 | - | 1,000 |
| 1+1 | 1 | - | 1,000 |
| 1+1 | 1 | - | 1,000 |
| 1+1 | 1 | - | 1,000 |
1 1
Property Taxes
| Parcel Number | 335401-103-000-0001-007.200-0000 | Improvements Assessment | $26,600 |
| Land Assessment | $10,800 | Total Assessment | $37,400 |
Property Taxes
Parcel Number
335401-103-000-0001-007.200-0000
Land Assessment
$10,800
Improvements Assessment
$26,600
Total Assessment
$37,400
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101 Randall St Florida, NY a/k/a Rt 94 | 101 Randall St
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