The Prospect Complex | 200 N Prospect St
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The Prospect Complex 200 N Prospect St
46 Unit Apartment Building $4,606,777 CAD ($100,147 CAD/Unit) Herkimer, NY 13350
Investment Highlights
- Central Location
- Value-Add Upside
- Great In-Place Debt
Executive Summary
56 Total Units (49 Apartments & 7 Commercial Spaces)
Central Location in Herkimer with some units renovated, but still upside in renovating and releasing the balance of the units.
Great in-place assumable debt.
Over 91% occupancy.
Please reach out to review the Offering Memorandum.
Central Location in Herkimer with some units renovated, but still upside in renovating and releasing the balance of the units.
Great in-place assumable debt.
Over 91% occupancy.
Please reach out to review the Offering Memorandum.
Property Facts
| Price | $4,606,777 CAD | Building Class | C |
| Price Per Unit | $100,147 CAD | Lot Size | 0.51 AC |
| Sale Type | Investment | Building Size | 57,006 SF |
| No. Units | 46 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 1980 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low Rise |
| Price | $4,606,777 CAD |
| Price Per Unit | $100,147 CAD |
| Sale Type | Investment |
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.51 AC |
| Building Size | 57,006 SF |
| No. Stories | 4 |
| Year Built | 1980 |
| Opportunity Zone |
Yes |
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Walk Score ®
Very Walkable (84)
PROPERTY TAXES
| Parcel Number | 213001-120-025-0001-017-000-0000 | Improvements Assessment | $838,361 CAD |
| Land Assessment | $72,140 CAD | Total Assessment | $910,500 CAD |
PROPERTY TAXES
Parcel Number
213001-120-025-0001-017-000-0000
Land Assessment
$72,140 CAD
Improvements Assessment
$838,361 CAD
Total Assessment
$910,500 CAD
zoning
| Zoning Code | C |
| C |
(716) 852-7500
x123
Contacts
-
Robert Stewart -
James Furney -
Cushman and Wakefield/Pyramid Brokerage Company
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The Prospect Complex | 200 N Prospect St
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