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Capital District Multi-family Portfolio, Albany, NY

Multi Family


Western Avenue & Quail Street, Albany, NY

SaleSale Contact: Rudy Lynch

Economics: $3,589,000

Comments:

TWENTY-FOUR (24) UNIT PORTFOLIO CONSISTING OF TWELVE (12) BUILDINGS ALL WITHIN ONE BLOCK OF EACH OTHER. 96% OCCUPIED. 8.03% CAP. LOCATED IN ALBANY’S HIGHLY DESIRABLE PINE HILLS NEIGHBORHOOD IN A SUPER STRONG RENTAL MARKET JUST STEPS TO NUMEROUS COLLEGES, HOSPITALS, AND HISTORIC WASHINGTON PARK. THIRTY (30) ON-SITE PARKING SPACES. VERY WELL MAINTAINED WITH NO DEFERRED MAINTENANCE. GREAT INVESTMENT OPPORTUNITY!

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