1019 James St - Apartments FOR SALE


Syracuse, NY 13203
$3,750,000 USD
315-439-4816
1019 James St, Syracuse, NY for Sale
$3,750,000 USD
Apartments - FOR SALE
1/21
null | Request Cap Rate

1019 James St
Syracuse, NY 13203


HIGHLIGHTS

  • Perfect for repositioning
  • Could be workforce housing for Micron project
  • Priced at $51,000 per unit

OVERVIEW

73 units of apartments within three blocks of each other in two buildings. James Hill Manor, 1019 James St. and The Alodi, 713 Lodi St., Syracuse. Both properties feature a combination of one bedroom, studio and efficiency apartments. They are on bus lines and minutes from downtown Syracuse, shopping, major employers and restaurants. James Hill - 32 one bedroom and 20 efficiency apartments The Alodi - 29 - furnished and unfurnished studio apartments; 1 upgraded studio to efficiency and 1 - one bedroom apartment Perfect for repositioning, workforce housing, student housing, and/or expansion of existing apartments

FOR SALE DETAILS

PRICE

$3,750,000 USD

PRICE/SF

$114 USD /SF

# OF UNITS

73

PRICE/UNIT

$51,370

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

James Hill Manor Apartments & The Alodi Apts.

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1975

PARKING SPACES

40

LAND DETAILS

LAND ACRES

0.75 AC

LAND SF

32,670 SF

ZONING

MX-4

APN/PARCEL ID

311500-019-000-0006-021-000-0000

ASK ABOUT THIS PROPERTY

Christine O'Connell MoreO'Connell More Consulting & Real EstateMore Info
315-439-4816

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Christine O'Connell MoreO'Connell More Consulting & Real EstateMore Info
315-439-4816

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.