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45 Unit Multifamily Portfolio / Cairo NY 2 Multifamily Properties Offered at $3,975,000 in Cairo, NY
Executive Summary
HIGHLIGHTS
• 45-Unit Multifamily Portfolio Across Two Properties, 1.4 Miles Apart, In Cairo, NY
• Fully Occupied With Strong In-Place Income And Established Tenancy
• Diverse Unit Mix Including 1BR, 2BR, And 3BR Apartments
• Situated On A Large Sites With Significant Creek And Pond Frontage
• On-Site Laundry And Ample Parking Enhance Tenant Retention
• Large Maintenance Shed On-Site
• Potential To Increase Rents To Market Levels
• Proximity To Catskill Mountains Tourism And Regional Employment Drivers
• 45-Unit Multifamily Portfolio Across Two Properties, 1.4 Miles Apart, In Cairo, NY
• Fully Occupied With Strong In-Place Income And Established Tenancy
• Diverse Unit Mix Including 1BR, 2BR, And 3BR Apartments
• Situated On A Large Sites With Significant Creek And Pond Frontage
• On-Site Laundry And Ample Parking Enhance Tenant Retention
• Large Maintenance Shed On-Site
• Potential To Increase Rents To Market Levels
• Proximity To Catskill Mountains Tourism And Regional Employment Drivers
Taxes & Operating Expenses (Pro Forma - 2026) 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 (Pro Forma - 2026) 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 | $3,975,000 | Status | Active |
| Price / SF | $111.16 / SF | Number of Properties | 2 |
| Sale Condition | Bulk/Portfolio Sale | Individually For Sale | 0 |
| Cap Rate | 9.43% | Total Building Size | 35,758 SF |
| Sale Type | Investment | Total Land Area | 18.50 AC |
| Price | $3,975,000 |
| Price / SF | $111.16 / SF |
| Sale Condition | Bulk/Portfolio Sale |
| Cap Rate | 9.43% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 35,758 SF |
| Total Land Area | 18.50 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 597 Bross St, Cairo, NY 12413 | Multifamily | 23,758 SF | 1945 | - |
| 53 Lake Mills Rd, Cairo, NY 12413 | Multifamily | 12,000 SF | 1949 | - |
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Reliant Property Services
45 Unit Multifamily Portfolio / Cairo NY
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