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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

No. Units 69
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Low-Rise
Building Class C
Lot Size 0.32 AC
Building Size 21,065 SF
Average Occupancy 100%
No. Stories 3
Year Built 2002
Parking Ratio 0.73/1,000 SF
Zoning 411

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

PROPERTY TAXES

Parcel Number
022001-164-007-0001-014-000-0000
Land Assessment
$24,700
Improvements Assessment
$934,800
Total Assessment
$959,500
  • Listing ID: 18754377

  • Date on Market: 3/5/2020

  • Last Updated:

  • Address: 38 N Main St, Alfred, NY 14802

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