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161 Ballantyne Rd
Syracuse, NY 13205
Ballantyne Gardens · Multifamily Property For Sale
·
140 Units
Investment Highlights
- Significant Upside through management, renovations and lease up
- 140 Units Good Mix of 1, 2, and 3 Bedrooms
- Excellent street exposure on Ballantyne Road
- High Demand For Apartments in Urban and Suburban Syracuse
- Unit square footage range of approximately 700 - 1,200 square feet
- Located less than 3 miles south of Downtown Syracuse/Syracuse University
Property Facts
| No. Units | 140 | Building Size | 125,250 SF |
| Property Type | Multifamily | Average Occupancy | 46% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1964/2014 |
| Building Class | C | Parking Ratio | 1.2/1,000 SF |
| Lot Size | 3.25 AC | ||
| Zoning | R5 - High Density Res - The R5 district is established to provide for higher density residential development including a mixture of single-, two-, and multi-unit dwellings. | ||
| No. Units | 140 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.25 AC |
| Building Size | 125,250 SF |
| Average Occupancy | 46% |
| No. Stories | 3 |
| Year Built/Renovated | 1964/2014 |
| Parking Ratio | 1.2/1,000 SF |
| Zoning | R5 - High Density Res - The R5 district is established to provide for higher density residential development including a mixture of single-, two-, and multi-unit dwellings. |
Amenities
Unit Amenities
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
- Dining Room
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 60 | - | 760 |
| 2+1 | 72 | - | 912 |
| 3+1 | 2 | - | 1,650 |
| 3+2 | 6 | - | 1,250 |
Property Taxes
| Parcel Number | 311500-072-000-0014-002-000-0000 | Improvements Assessment | $2,080,600 |
| Land Assessment | $229,400 | Total Assessment | $2,310,000 |
Property Taxes
Parcel Number
311500-072-000-0014-002-000-0000
Land Assessment
$229,400
Improvements Assessment
$2,080,600
Total Assessment
$2,310,000
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