375 Colvin Ave - Apartments FOR SALE


Buffalo, NY 14216
$5,800,000 USD
716-864-5804
375 Colvin Ave, Buffalo, NY for Sale
$5,800,000 USD
Apartments - FOR SALE
1/30
null | Request Cap Rate

375 Colvin Ave
Buffalo, NY 14216


HIGHLIGHTS

  • 26 unit luxury apartments on 0.65 acres.
  • Located in the heart of Buffalo at the corner of Colvin and Tacoma.
  • Multiple unique layouts included 15 one-bedrooms, 10 two-bedrooms, and 1 three-bedroom.
  • New kitchens, bathrooms, vinyl flooring, central air, walk-in closets, stainless steel appliances, in-unit laundry, and secured off-street parking.
  • Short ten minute drive from Buffalo.
  • Unique investment opportunity, transformed from the former Northern Buffalo Baptist Church.

OVERVIEW

Presenting a rare chance to acquire a 26-unit apartment complex built in 2017. Formerly known as the North Buffalo Baptiste Church, 375 Colvin has been transformed into a luxury living space. This stunning three-story, 30,798 square-foot building is located at the corner of Colvin and Tacoma, in the heart of North Buffalo. The building offers multiple unique layouts, including 15 one-bedroom units, 10 two-bedroom units, and 1 three-bedroom unit. Each of the 26 units boasts new kitchens and bathrooms, luxury vinyl flooring, central air conditioning, walk-in closets, stainless steel appliances, in-unit laundry, secured off-street parking, spacious bedrooms, and an elevator in the building. The property is within walking distance to the vibrant Hertel strip, known for its array of small businesses, dining, bars, and shopping. Additionally, it is conveniently located just 10 minutes from downtown Buffalo. This property represents a unique investment opportunity in one of Buffalo's most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

$5,800,000 USD

PRICE/SF

$178 USD /SF

# OF UNITS

26

PRICE/UNIT

$223,077

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bell Tower Lofts

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2017

PARKING SPACES

45

LAND DETAILS

LAND ACRES

0.65 AC

LAND SF

28,314 SF

ZONING

N-3R

APN/PARCEL ID

140200-078-570-0007-001-000

ASK ABOUT THIS PROPERTY

Sam DefranksHunt Real EstateMore Info
716-864-5804

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Sam DefranksHunt Real EstateMore Info
716-864-5804

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