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2 Striebel Rd 9 Unit Apartment Building $1,375,000 ($152,778/Unit) 7.43% Cap Rate Woodstock, NY 12498
EXECUTIVE SUMMARY
Discover an exceptional investment opportunity at 2 Striebel Rd, Woodstock, NY, a well-maintained 9-unit multifamily building on 1.06 acres. Built in 1978, this low-rise asset offers 6,080 sqft of living space. The property benefits from off-street parking and R-3 zoning, appealing to long-term renters in a high-demand, charming community. This offering presents a rare chance for both immediate income and asset appreciation in the coveted Hudson Valley region.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $1,375,000 | Apartment Style | Low-Rise |
| Price Per Unit | $152,778 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.01 AC |
| Cap Rate | 7.43% | Building Size | 6,080 SF |
| No. Units | 9 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1978 |
| Property Subtype | Apartment | Parking Ratio | 0.66/1,000 SF |
| Zoning | R3 | ||
| Price | $1,375,000 |
| Price Per Unit | $152,778 |
| Sale Type | Investment |
| Cap Rate | 7.43% |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.01 AC |
| Building Size | 6,080 SF |
| No. Stories | 2 |
| Year Built | 1978 |
| Parking Ratio | 0.66/1,000 SF |
| Zoning | R3 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 9 | - | - |
1 1
PROPERTY TAXES
| Parcel Number | 5800-026.002-0010-005.000-0000 | Improvements Assessment | $357,400 |
| Land Assessment | $55,700 | Total Assessment | $413,100 |
PROPERTY TAXES
Parcel Number
5800-026.002-0010-005.000-0000
Land Assessment
$55,700
Improvements Assessment
$357,400
Total Assessment
$413,100
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Presented by
Stefanie A Sickler, Licensed Real Estate Broker
2 Striebel Rd
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