611 Manor Vlg - Apartments FOR SALE


Bath, NY 14810
$5,000,000 USD
716-852-7500
611 Manor Vlg, Bath, NY for Sale
$5,000,000 USD
Apartments - FOR SALE
1/16
null | Request Cap Rate

611 Manor Vlg
Bath, NY 14810


HIGHLIGHTS

  • Stabilized asset with upside through remaining unit renovations
  • Attractive basis
  • Historically stable occupancy

OVERVIEW

As exclusive agent, Cushman & Wakefield/Pyramid Brokerage Company is pleased to present for sale Manor Village Apartments, a 72-unit multifamily investment opportunity.? Located at 611 Manor Village, Bath, New York, (the “Property”), Manor Village is comprised of six buildings with eight units each situated in the northern portion of the Village of Bath. ? These units consist of a unit mix of 66-2 BD and 6-1 BD Units. Apartment Features: -Full Kitchens including, Dishwashers and Disposals? -Economical Electric Heat and Air Conditioning? -Wall-to-Wall Carpeting? -Laundry Facilities? -Easy Clean Kitchen Floor? -Large Closets including Linen Closet? -Storage lockers? -Professional 24-hour Maintenance? -Combination lock on exterior doors? -Tenant pays for: electric baseboard heat and hot water (Individual hot water tank in each unit). Electricity provided by Bath Electric? -Landlord pays for water and sewer -The village is adjacent to Interstate 86, a few miles east of the split with Interstate 390. New York State Route 54 intersects New York State Route 415 in the village. County Roads 10 and 13 also lead into Bath.?

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$72 USD /SF

# OF UNITS

72

PRICE/UNIT

$69,444

CAP RATE

Request Cap Rate

% LEASED

97%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Manor Village Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1978

PARKING SPACES

144

LAND DETAILS

LAND ACRES

3.97 AC

LAND SF

172,933 SF

ZONING

Medium-Density Residentia

APN/PARCEL ID

462401-159-005-0004-027-000

ASK ABOUT THIS PROPERTY

Robert StewartCushman and Wakefield/Pyramid Brokerage CompanyMore Info
716-852-7500

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Robert StewartCushman and Wakefield/Pyramid Brokerage CompanyMore Info
716-852-7500

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