203 Ludingtonville Rd - Apartments FOR SALE


Holmes, NY 12531
$2,800,000 USD
845-344-7337
203 Ludingtonville Rd, Holmes, NY for Sale
$2,800,000 USD
Apartments - FOR SALE
1/16
null | 7% Cap Rate

203 Ludingtonville Rd
Holmes, NY 12531


OVERVIEW

Great opportunity to own 20 units with easy commuter access to I-84. Property is in excellent condition, many structural improvements done over time. Current owners have managed premises for 30 years. The 2025 cap rate is about 7% at the asking price of $140k per unit. Full rent rolls, income and expenses, and recent independent appraisal available upon request.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$222 USD /SF

# OF UNITS

20

PRICE/UNIT

$140,000

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Ludingtonville Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.11 AC

LAND SF

353,272 SF

ZONING

R80

APN/PARCEL ID

372200-022-000-0002-036-000-0000

ASK ABOUT THIS PROPERTY

Lance PahuckiRE/MAX Town & CountryMore Info
845-344-7337

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Lance PahuckiRE/MAX Town & CountryMore Info
845-344-7337

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