11 Centennial Dr | Syracuse, NY 13207
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- LoopNet Team
11 Centennial Dr
Syracuse, NY 13207
Centennial Gardens · Multifamily Property For Sale
·
125 Units
INVESTMENT HIGHLIGHTS
- Great unit mix of One, Two and Three bedroom apartments
- Fully performing, turn key, opportunity with onsite management and maintenance staff
- Located five minutes from downtown Syracuse/Syracuse University in a quiet neighborhood adjacent to Onondaga Park
- Rare 100+ unit upstate New York offering
- Significant improvements/upgrades have been made to the complex over the past ten years
- Value add component exists in upgrading kitchens/baths & bringing under market rents up significantly.
PROPERTY FACTS
| No. Units | 125 | Lot Size | 4.00 AC |
| Property Type | Multifamily | Building Size | 81,906 SF |
| Property Subtype | Apartment | Average Occupancy | 80% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | C | Year Built | 1945 |
| Zoning | 006 | ||
| No. Units | 125 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 4.00 AC |
| Building Size | 81,906 SF |
| Average Occupancy | 80% |
| No. Stories | 3 |
| Year Built | 1945 |
| Zoning | 006 |
AMENITIES
UNIT AMENITIES
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Tub/Shower
- Dining Room
- Lawn
SITE AMENITIES
- Property Manager on Site
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 40 | $618.00 | 634 |
| 2+1 | 61 | $680.00 | 873 |
| 3+1 | 24 | $722.00 | 934 |
PROPERTY TAXES
| Parcel Number | 311500-083-000-0008-024-000-0000 | Improvements Assessment | $754,600 |
| Land Assessment | $455,400 | Total Assessment | $1,210,000 |
PROPERTY TAXES
Parcel Number
311500-083-000-0008-024-000-0000
Land Assessment
$455,400
Improvements Assessment
$754,600
Total Assessment
$1,210,000
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