38 N Main St | Alfred, NY 14802
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- LoopNet Team
38 N Main St
Alfred, NY 14802
Village Center · Multifamily Property For Sale
·
69 Units
INVESTMENT HIGHLIGHTS
- Student housing directly adjacent to Alfred University, in the past five years applications to Alfred University have increased 17%.
- 3.9% rent increase for Fall 2021 over Fall 2020
- College town with majority of students living in on or off campus housing
- 100% occupancy for Fall 2021 semester
- Purpose built student housing constructed in 2002
- Located in an Opportunity Zone
PROPERTY FACTS
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 17 | $3,250 | - |
| 3+1 | 4 | $3,250 | - |
| Studios | 9 | $750.00 | - |
| 5+1 | 2 | $2,750 | - |
| 4+1 | 1 | $2,750 | - |
PROPERTY TAXES
| Parcel Number | 022001-164-007-0001-014-000-0000 | Improvements Assessment | $934,800 |
| Land Assessment | $24,700 | Total Assessment | $959,500 |
PROPERTY TAXES
Parcel Number
022001-164-007-0001-014-000-0000
Land Assessment
$24,700
Improvements Assessment
$934,800
Total Assessment
$959,500
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