208 Denrose Dr - Apartments FOR SALE


Amherst, NY 14228
$750,000 USD
716-884-4437
208 Denrose Dr, Amherst, NY for Sale
$750,000 USD
Apartments - FOR SALE
1/5
null | 5.7% Cap Rate

208 Denrose Dr
Amherst, NY 14228


HIGHLIGHTS

  • Large luxury apartments with separate utilities
  • 1,400 sq. ft. two-bedroom apartments
  • Three apartments completely remodeled
  • Desirable Amherst location
  • Near State University of NY at Buffalo north campus
  • Newer roof and furnaces

OVERVIEW

Four large luxury two-bedroom apartments with two-baths with separate utilities on Denrose Drive in Amherst. Three of the apartments have been completely remodeled with new kitchens and bathrooms. A balcony or patio is entered off the family room, an additional bonus room in addition to the living and dining areas. The four storage closets and laundry room are on the first-floor hallway, there is no basement. The apartment furnace and water tank are in a utility room within each apartment, the tenants are responsible for their own heat, electric, and air conditioning. Recent improvements include a newer roof and four furnaces. Denrose Drive in Amherst is a mix of small apartment buildings and condominiums. Nearby is shopping along Niagara Falls Boulevard and the State University of NY at Buffalo north campus. Amherst is Western New York’s wealthiest suburb with numerous business parks and office building complexes.

FOR SALE DETAILS

PRICE

$750,000 USD

PRICE/SF

$114 USD /SF

# OF UNITS

4

PRICE/UNIT

$187,500

CAP RATE

5.7%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Denrose Drive Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1976

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,375 SF

ZONING

-

APN/PARCEL ID

142289-040-140-0002-004-000

ASK ABOUT THIS PROPERTY

Brian HeineBrian Heine - Licensed Real Estate BrokerMore Info
716-884-4437

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Brian HeineBrian Heine - Licensed Real Estate BrokerMore Info
716-884-4437

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