650 W German St - Apartments FOR SALE


Herkimer, NY 13350
$2,250,000 USD
315-796-4017
650 W German St, Herkimer, NY for Sale
$2,250,000 USD
Apartments - FOR SALE
1/8
null | 10.53% Cap Rate

650 W German St
Herkimer, NY 13350


HIGHLIGHTS

  • Student Housing Herkimer College
  • Restaurant on Premises Salvators

OVERVIEW

The property has a total of 31 units and one restaurant. It is able to house 57 students. A complete renovation was done in 2007. Currently renovating for a new storefront to be added to existing building unused space. Building had a fresh remodeling 12 /20/2024 , $ 300,000 project . 315-796-4017

FOR SALE DETAILS

PRICE

$2,250,000 USD

PRICE/SF

$62 USD /SF

# OF UNITS

31

PRICE/UNIT

$72,581

CAP RATE

10.53%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Brookwood Apartments

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Dormitory

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1910

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

C

APN/PARCEL ID

213001-120-024-0002-009-000-0000

ASK ABOUT THIS PROPERTY

Ronald ScaliseScalise LLCMore Info
315-796-4017

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Ronald ScaliseScalise LLCMore Info
315-796-4017

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