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204 Main 204 Rt-207 6 Unit Apartment Building $899,000 ($149,833/Unit) 7.25% Cap Rate Goshen, NY 10924
INVESTMENT HIGHLIGHTS
- Highly desirable location. Rents within hours of posting vacancies.
- Close to everything!
- Lots of natural light.
EXECUTIVE SUMMARY
AMAZING Opportunity in the heart of Goshen! This 6 Unit historic, rarely available apartment building is 100% occupied and easy to rent. One (1) TWO Bedroom apartment, Three (3) ONE Bedroom apartments and Two (2) STUDIO Apartments. Located on a HUGE 1/4 Acre lot adjacent to Historic Track. Plenty of parking. Close to everything!
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
$99,999
|
$9.99
|
| Vacancy Loss |
$99,999
|
$9.99
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| 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 | $99,999 |
| Annual Per SF | $9.99 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS Under Contract
| Price | $899,000 | Property Subtype | Apartment |
| Price Per Unit | $149,833 | Building Class | C |
| Sale Type | Investment | Lot Size | 0.24 AC |
| Cap Rate | 7.25% | Building Size | 4,344 SF |
| Gross Rent Multiplier | 8 | No. Stories | 4 |
| No. Units | 6 | Year Built | 1937 |
| Property Type | Multifamily | Parking Ratio | 3.45/1,000 SF |
| Zoning | 04023 | ||
| Price | $899,000 |
| Price Per Unit | $149,833 |
| Sale Type | Investment |
| Cap Rate | 7.25% |
| Gross Rent Multiplier | 8 |
| No. Units | 6 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 0.24 AC |
| Building Size | 4,344 SF |
| No. Stories | 4 |
| Year Built | 1937 |
| Parking Ratio | 3.45/1,000 SF |
| Zoning | 04023 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 1 | - | - |
| 1+1 | 3 | - | - |
| Studios | 2 | - | - |
1 1
Walk Score®
Very Walkable (73)
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204 Main | 204 Rt-207
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