24 Unit Multi Family Apartment | 1941 Hertel Ave
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24 Unit Multi Family Apartment 1941 Hertel Ave
24 Unit Apartment Building $3,720,859 CAD ($155,036 CAD/Unit) 7.05% Cap Rate Buffalo, NY 14214
Executive Summary
22 Large 1 Bedroom Units Rents $850-$1000
2 Studios $750 avg
Seperate gas and electric meters
off street parking for 20+ cars
Add value opportunity great for 1031 exchanges
2 Studios $750 avg
Seperate gas and electric meters
off street parking for 20+ cars
Add value opportunity great for 1031 exchanges
Property Facts
Price | $3,720,859 CAD | Apartment Style | Mid Rise |
Price Per Unit | $155,036 CAD | Building Class | C |
Sale Type | Investment | Lot Size | 0.23 AC |
Cap Rate | 7.05% | Building Size | 25,800 SF |
No. Units | 24 | No. Stories | 3 |
Property Type | Multifamily | Year Built | 1940 |
Property Subtype | Apartment |
Price | $3,720,859 CAD |
Price Per Unit | $155,036 CAD |
Sale Type | Investment |
Cap Rate | 7.05% |
No. Units | 24 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Lot Size | 0.23 AC |
Building Size | 25,800 SF |
No. Stories | 3 |
Year Built | 1940 |
Unit Amenities
- Refrigerator
- Oven
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Walk Score ®
Very Walkable (75)
PROPERTY TAXES
Parcel Number | 140200-079-690-0001-003-000 | Improvements Assessment | $935,778 CAD |
Land Assessment | $134,491 CAD | Total Assessment | $1,070,269 CAD |
PROPERTY TAXES
Parcel Number
140200-079-690-0001-003-000
Land Assessment
$134,491 CAD
Improvements Assessment
$935,778 CAD
Total Assessment
$1,070,269 CAD
zoning
Zoning Code | N-3R (The N-3R zone addresses residential areas adjoining the centers of Buffalo's streetcar neighborhoods.) |
N-3R (The N-3R zone addresses residential areas adjoining the centers of Buffalo's streetcar neighborhoods.) |
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Santa Maria Development, LLC
24 Unit Multi Family Apartment | 1941 Hertel Ave
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