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Brushton Tiny Home 20 McCarthy Rd 6 Unit Apartment Building $515,000 ($85,833/Unit) 16.57% Cap Rate Brushton, NY 12916
INVESTMENT HIGHLIGHTS
- Located on 5 acres
EXECUTIVE SUMMARY
Nestled on a serene 5-acre property, this thriving tiny home community features six cozy, fully furnished homes that deliver a lucrative income through short-term rentals. Each home offers the perfect blend of comfort and efficiency, boasting monitor propane heating, one full bathroom, and an inviting open-concept design.
The property is well-equipped with three septic systems and two wells, ensuring ample capacity for current operations and room for expansion. Whether you're looking to grow the community or continue the successful rental business, the opportunities are abundant.
With all furniture included, this turnkey investment is ready to continue its success while offering potential for further growth.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$102,600
|
$34.20
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$102,600
|
$34.20
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$17,265
|
$5.76
|
| Net Operating Income |
$85,335
|
$28.45
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $102,600 |
| Annual Per SF | $34.20 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $102,600 |
| Annual Per SF | $34.20 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $17,265 |
| Annual Per SF | $5.76 |
| Net Operating Income | |
|---|---|
| Annual | $85,335 |
| Annual Per SF | $28.45 |
PROPERTY FACTS
| Price | $515,000 | Apartment Style | Garden |
| Price Per Unit | $85,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 5.21 AC |
| Cap Rate | 16.57% | Building Size | 3,000 SF |
| Sale Condition | Business Value Included | Average Occupancy | 95% |
| No. Units | 6 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment | ||
| Zoning | Mixed use - Single family residential and light commercial. | ||
| Price | $515,000 |
| Price Per Unit | $85,833 |
| Sale Type | Investment |
| Cap Rate | 16.57% |
| Sale Condition | Business Value Included |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 5.21 AC |
| Building Size | 3,000 SF |
| Average Occupancy | 95% |
| No. Stories | 1 |
| Year Built | 2022 |
| Zoning | Mixed use - Single family residential and light commercial. |
AMENITIES
UNIT AMENITIES
- Microwave
- Refrigerator
- Oven
- Range
- Tub/Shower
ABOUT 20 MCCARTHY RD , BRUSHTON, NY 12916
Charming Tiny Home Community Established in 2022 Nestled on a serene 5-acre property, this thriving tiny home community features six cozy, fully furnished homes that deliver a lucrative income through short-term rentals. Each home offers the perfect blend of comfort and efficiency, boasting monitor propane heating, one full bathroom, and an inviting open-concept design. The property is well-equipped with three septic systems and two wells, ensuring ample capacity for current operations and room for expansion. Whether you're looking to grow the community or continue the successful rental business, the opportunities are abundant. With all furniture included, this turnkey investment is ready to continue its success while offering potential for further growth.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 6 | $1,800 | - |
PROPERTY TAXES
| Parcel Number | 165089-122-000-0001-006-600-0000 | Improvements Assessment | $144,000 |
| Land Assessment | $48,900 | Total Assessment | $192,900 |
PROPERTY TAXES
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Brushton Tiny Home | 20 McCarthy Rd
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