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Sunnyside Manor Apartments 27 Sunnyside Ave 19 Unit Apartment Building $1,125,000 ($59,211/Unit) Bemus Point, NY 14712
Investment Highlights
- Former school building converted into a 19-unit multifamily property with one-bedroom residences.
- Property offers potential for additional residential units, subject to approvals and development requirements.
- Recent improvements include new windows, exterior doors, HVAC systems, and electrical service panels.
- Located between Chautauqua Lake and Bemus Point Golf Course near popular recreational destinations.
- Situated in a resort community with potential opportunities for future condominium redevelopment.
- Recent improvements include new windows, exterior doors, HVAC systems, and electrical service panels.
Executive Summary
Huge development opportunity! Old School converted into (19) 1 bedroom units. Situated in between Chautauqua Lake and Bemus Point Golf Coarse, this 19 unit apartment complex has great potential for expansion. Build out additional units or property has development opportunity in this quaint vacation/resort community for possible condominiums. Recent updates include new hot water tank, new windows and exterior doors, new heating and cooling and new electrical service panels throughout.
Property Facts
Amenities
Unit Amenities
- Air Conditioning
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Views
- Yard
- Basement
- Double Pane Windows
- Lawn
- Linen Closet
- Vinyl Flooring
- Wheelchair Accessible (Rooms)
- Large Bedrooms
Site Amenities
- Controlled Access
- Laundry Facilities
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 19 | $811.00 | 23,499 |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 063601-333-009-0002-028-000 | Improvements Assessment | $373,200 |
| Land Assessment | $126,800 | Total Assessment | $500,000 |
Property Taxes
Parcel Number
063601-333-009-0002-028-000
Land Assessment
$126,800
Improvements Assessment
$373,200
Total Assessment
$500,000
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Sunnyside Manor Apartments | 27 Sunnyside Ave
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