Enclave at Duncan Meadows, located at 2 Donna Way in Troy, New York, is an exceptionally maintained multifamily complex offering an elevated residential experience in the eastern part of New York State. The development comprises 50 units, a mix of luxury one- and two-bedroom apartments for rent. Residents enjoy thoughtfully designed interiors with hardwood and carpeted floors, modern appliances, granite countertops, and private balcony access.
This amenity-rich community provides a range of on-site amenities, including a community room, fitness facility, and a media room/theater. Enclave at Duncan Meadows represents a strong history of high occupancy, with ample potential for rent growth, making the complex a prime investment opportunity. Further solidifying its value as an attractive multifamily asset, Enclave at Duncan Meadows is surrounded by approximately 297,645 individuals living within 10 miles of the property, representing an average household income that extends to nearly $90,000 annually.
Strategically positioned near the Hoosick Road/Route 7 commercial corridor, residents enjoy easy access to essential retailers, restaurants, and services, such as Walmart, KeyBank, McDonald's, Burger King, and Country View Diner. Additionally, the nearby Brunswick Town Beach and Park offers scenic outdoor recreation opportunities. Enclave at Duncan Meadows sits in a prime location just 25 minutes north of Albany, with effortless connectivity to Interstate 787 and Routes 7 and 4.
With 1031 exchange eligibility, Enclave at Duncan Meadows presents an outstanding opportunity for investors seeking to start or expand their portfolio in the Troy market with a stable, income-generating property in a thriving area.