Available For Sale - Multifamily

8,640 SF | Show Pricing $

LISTED BY

Matthew Karlgut
SVN | Innovative Commercial Advisors, 607-953-1509

AVAILABILITY DETAILS

Size
8,640 SF
Price/SF
Show Pricing $
Listing ID
SA553590
Notes
Presenting a rare and unique opportunity to own this solid Brick 12 unit, 18 Bed complex in Binghamton, NY. Downtown Binghamton is known to be a thriving area of Student Housing. Neighboring approximately 1,300 Student beds this is a prime strategic location to benefit from this thriving market. Just one building from Main St and one block from the Court St Bridge this is walking distance to all of Downtown Binghamton's Restaurants, shops and amenities. This location has a very walkable score of 85. This is a rare R-3 zoning opportunity in a market with a high barrier to entry. This is currently leased to families with significant potential to convert to Student housing. This building is priced to sell with existing positive cash flow and significant value add potential. All rents are below market.
Uses
Multifamily

Other Availability in this Property

Space/Suite Square Feet Type Uses Asking Rent/Price
13,292 SF Sale Multifamily Show Pricing $ chevron_right
Space/Suite
 
Square Feet
13,292 for sale
Uses
Multifamily
Asking Rent/Price
Show Pricing $

This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for you needs.

Listing provided courtesy of
Matthew Karlgut, SVN | Innovative Commercial Advisors