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Rochester Apartments 5 Properties Offered at $6,000,000 in Rochester, NY
INVESTMENT HIGHLIGHTS
- Motivated Seller
- Below market rents
EXECUTIVE SUMMARY
Motivated out of state seller, looking for a fast As Is deal. Below market rents with strong potential for increased rents. All properties within a few min of each other.
DATA ROOM Click Here to Access
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access |
ANNUAL |
|---|---|
| Gross Rental Income |
$99,999
|
| Other Income |
$99,999
|
| Vacancy Loss |
$99,999
|
| Effective Gross Income |
$99,999
|
| Taxes |
$99,999
|
| Operating Expenses |
$99,999
|
| Total Expenses |
$99,999
|
| Net Operating Income |
$99,999
|
TAXES & OPERATING EXPENSES (ACTUAL - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | $99,999 |
| Other Income | |
|---|---|
| Annual | $99,999 |
| Vacancy Loss | |
|---|---|
| Annual | $99,999 |
| Effective Gross Income | |
|---|---|
| Annual | $99,999 |
| Taxes | |
|---|---|
| Annual | $99,999 |
| Operating Expenses | |
|---|---|
| Annual | $99,999 |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
PROPERTY FACTS
| Price | $6,000,000 | Status | Active |
| Price / SF | $88.46 / SF | Number of Properties | 5 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 7.58% | Total Building Size | 67,828 SF |
| Sale Type | Investment | Total Land Area | 4.51 AC |
| Price | $6,000,000 |
| Price / SF | $88.46 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 7.58% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 5 |
| Individually For Sale | 0 |
| Total Building Size | 67,828 SF |
| Total Land Area | 4.51 AC |
PROPERTIES
| PROPERTY NAME / ADDRESS | PROPERTY TYPE | SIZE | YEAR BUILT | INDIVIDUAL PRICE |
|---|---|---|---|---|
|
Lake Village Apartments
3700-3716 Lake Ave, Rochester, NY 14612 |
Multifamily | 41,034 SF | 1963 | - |
| 467-469 West Ave, Rochester, NY 14611 | Multifamily | 9,848 SF | 1970 | - |
| 3764 Lake Ave, Rochester, NY 14612 | Multifamily | - | 1970 | - |
| 633-639 Lake Ave, Rochester, NY 14613 | Retail | 10,430 SF | 1900 | - |
| 688 Maple St, Rochester, NY 14611 | Retail | 6,516 SF | 1928 | - |
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Presented by
Icon Real Estate Advisors LLC
Rochester Apartments
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