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The Brentwood Apartments 3230 Moran Rd 24 Unit Apartment Building $2,999,000 ($124,958/Unit) Canandaigua, NY 14424
Investment Highlights
- Fully remodeled 24-unit multifamily property with recent upgrades throughout.
- Unit mix includes 16 two-bedroom apartments and 8 one-bedroom apartments.
- Extensive renovations include new kitchens, bathrooms, flooring, decks, and appliances.
- Located approximately one-half mile from Canandaigua Lake.
- Approved plans in place for an additional 8 one-bedroom units.
- Newer roof, recently paved parking lot, and major capital improvements completed.
Executive Summary
Fully Remodeled 24 units available for your portfolio package. Settled about 1/2 mile from famous Canandaigua Lake. Featuring 16 two bedroom apartments and 8 one bedroom. There is one section ready to build another 8 - 1 bedroom units with all approved architectural designs. All you have to do is to pull the permit, build, and you will have on extra $105,600 annual income. All documentation will be provided before closing. In the past 2 years all units went through complete remodeling including new kitchens, appliance's, bathrooms, decks and flooring. Newer roof, and one year old paved parking lot. Long term tenants. Gross annual income $326,400.00 if fully occupied. All major repairs have been completed, just need's to be maintained and collect the rent.
Property Facts
| Price | $2,999,000 | Building Class | C |
| Price Per Unit | $124,958 | Lot Size | 1.10 AC |
| Sale Type | Investment | Building Size | 24,000 SF |
| No. Units | 24 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 2 |
| Property Subtype | Apartment | Year Built | 1980 |
| Apartment Style | Low-Rise | Parking Ratio | 3.48/1,000 SF |
| Zoning | C-1 | ||
| Price | $2,999,000 |
| Price Per Unit | $124,958 |
| Sale Type | Investment |
| No. Units | 24 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.10 AC |
| Building Size | 24,000 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1980 |
| Parking Ratio | 3.48/1,000 SF |
| Zoning | C-1 |
Amenities
Unit Amenities
- Washer/Dryer
- Refrigerator
- Range
- Tub/Shower
- Carpet
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 8 | - | 750 |
| 2+1 | 16 | - | 1,000 |
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Fairly walkable
40/100
Very drivable
80/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 322400-098-008-0001-007-100 | Improvements Assessment | $1,128,900 |
| Land Assessment | $59,500 | Total Assessment | $1,188,400 |
Property Taxes
Parcel Number
322400-098-008-0001-007-100
Land Assessment
$59,500
Improvements Assessment
$1,128,900
Total Assessment
$1,188,400
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The Brentwood Apartments | 3230 Moran Rd