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1269 Coffeen St
Watertown, NY 13601
Ontario Village Apartments · Multifamily Property For Sale
·
206 Units
PROPERTY FACTS
| No. Units | 206 | Building Size | 319,396 SF |
| Property Type | Multifamily | Average Occupancy | 92% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built | 1985 |
| Building Class | C | Parking Ratio | 0.26/1,000 SF |
| Lot Size | 10.28 AC | ||
| Zoning | PD-02 | ||
| No. Units | 206 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 10.28 AC |
| Building Size | 319,396 SF |
| Average Occupancy | 92% |
| No. Stories | 2 |
| Year Built | 1985 |
| Parking Ratio | 0.26/1,000 SF |
| Zoning | PD-02 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Cable Ready
- Dishwasher
- Disposal
- Storage Space
- Washer/Dryer Hookup
- Kitchen
- Refrigerator
- Oven
- Range
- Carpet
- Patio
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Property Manager on Site
- Tenant Controlled HVAC
- Maintenance on site
- Online Services
- Public Transportation
- Walk-Up
- Smoke Detector
ABOUT 1269 COFFEEN ST , WATERTOWN, NY 13601
Ontario Village is a 206, two bedroom, unit apartment complex located just off the main highway intersection in Watertown, NY. The property serves the Watertown and Thousand Island markets, and is minutes from Fort Drum military base and home of the 10th Mountain Division. Ontario Village has experienced significant increase in demand and subsequent rental rate increases over the past few years. Ontario Village provides market rent apartments, as well as furnished units and short term, motel units to meet demand for personnel. Ontario Village is a well constructed and professionally managed and maintained complex of 26 buildings. New ownership should be able to capitalize on the below market rents and improving market conditions to realize a significant return.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 3 | - | 900 |
| 2+2 | 183 | - | 950 |
PROPERTY TAXES
| Parcel Number | 221800-008-000-0040-101-000-0000 | Improvements Assessment | $7,768,000 |
| Land Assessment | $332,000 | Total Assessment | $8,100,000 |
PROPERTY TAXES
