105 Roney Ln | Syracuse, NY 13210
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- LoopNet Team
105 Roney Ln
Syracuse, NY 13210
The Summit Apartments · Multifamily Property For Sale · 264 Units
Investment Highlights
- The Summit Apartments is less than a mile from Syracuse University’s John A Lally Athletic Complex, offering an ideal location for students and staff.
- Major capital improvements are currently underway, which include appliance upgrades, modernizing all finishes, and updates to unit flooring.
- Seize the opportunity to acquire a 264-unit portfolio in a high-growth market with upside potential through increasing rents to current market rates.
- Ideally located near major employers, such as Syracuse University and St. Joseph’s Health Center, and a short drive to the new Micron Technology site.
PROPERTY FACTS
| No. Units | 264 | Lot Size | 8.61 AC |
| Property Type | Multifamily | Building Size | 142,128 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1950/2000 |
| Building Class | B | Parking Ratio | 2.56/1,000 SF |
| No. Units | 264 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 8.61 AC |
| Building Size | 142,128 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1950/2000 |
| Parking Ratio | 2.56/1,000 SF |
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- Laundry Facilities
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $10,994,539 | |
| Land Assessment | $456,005 | Total Assessment | $11,450,544 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$456,005
Improvements Assessment
$10,994,539
Total Assessment
$11,450,544
zoning
| Zoning Code | R5 - High Density Res (The R5 district is established to provide for higher density residential development including a mixture of single-, two-, and multi-unit dwellings.) |
| R5 - High Density Res (The R5 district is established to provide for higher density residential development including a mixture of single-, two-, and multi-unit dwellings.) |
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