Colonial Garden 9901 Niagara Falls Blvd 40 Unit Apartment Building $3,399,840 ($84,996/Unit) Niagara Falls, NY 14304

9901 Grand Island Blvd (Colonial Gardens Apartments) & 9451-9857 Niagara Falls Blvd /1728-1748 100th Street (Windsor Apartments) — Combined Multifamily Investment Offering
Executive Summary:
Unique opportunity to acquire two well-located multifamily assets in Western New York, being offered together as a combined investment package of 40 residential units. The portfolio consists of 9901 Grand Island Blvd, an apartment community on Niagara Falls Boulevard with some updated unit interiors and a strong rental history, and Windsor Apartments, an established residential community consisting of two 5-unit townhome style buildings located on the corner directly next to the 9901 property. Both properties share the corner of Niagara Falls Blvd. and 100th St. and benefit from Central Niagara Falls area demand, proximity to major transportation corridors, regional employment nodes, and local amenities.
9901 Grand Island Blvd (Niagara Falls, NY): 30 Units Total | 24 two-bedroom & 6 one-bedroom
This asset features some updated apartments with resident amenities including coin-laundry in the basement and spacious One and Two Bedroom floor plans in the 14304 zip code. The location provides ready access to retail, services, parks and Niagara Falls International Airport, contributing to consistent occupancy and tenant demand.
Windsor Apartments (Niagara Falls, NY): 10 Units Total | 10 two-bedroom townhomes
An established apartment community offering a 2 floor townhomes with full basement and laundry hook-ups serving a broad resident base. Positioned along the corner of Niagara Falls Blvd and 100th street, Windsor Apartments benefits from strong regional visibility and connection to surrounding neighborhoods, retail, and transportation.
Investment Highlights:
• Combined offering creates scale and diversification within a single acquisition
• Strong everyday rental demand in Greater Niagara Falls and Grand Island corridor
• Value-add potential through targeted interior and exterior improvements
• Established tenant base with several residents in place for 10+ years.
• 1031-friendly assets ideal for tax-deferred exchange buyers
• Proven cash flow with upside through rent optimization and operational efficiencies
Location Advantages:
Situated in Western New York’s multifamily submarket, both properties are proximate to major roadways, retail destinations, schools, and recreation opportunities. Tenants enjoy convenient access to Niagara Falls, Buffalo, and surrounding employment hubs, making these properties attractive to a wide tenant profile.