941 James St | Syracuse, NY 13203
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This Multifamily Property is no longer advertised on LoopNet.ca.
941 James St
Syracuse, NY 13203
Chestnut Crossing · Multifamily Property For Sale · 135 Units
Investment Highlights
- Three-building, garden-style apartment complex with on-site laundry and tenant parking.
- Prime location just outside of Downtown Syracuse, approximately one mile north of I-80 and I-81.
- Opportunity to acquire a cash-flowing asset with the ability to add value through leasing, approximately 95.6%-occupied as of December 14th, 2020.
- With a vacancy rate of around 4.5%, apartment rents in the Syracuse market have seen 12-month rent growth at a ±3.5% annual rate.
PROPERTY FACTS
No. Units | 135 | Building Size | 78,009 SF |
Property Type | Multifamily | Average Occupancy | 97% |
Property Subtype | Apartment | No. Stories | 3 |
Apartment Style | Low Rise | Year Built/Renovated | 1965/2018 |
Building Class | C | Parking Ratio | 1.03/1,000 SF |
Lot Size | 1.98 AC |
No. Units | 135 |
Property Type | Multifamily |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 1.98 AC |
Building Size | 78,009 SF |
Average Occupancy | 97% |
No. Stories | 3 |
Year Built/Renovated | 1965/2018 |
Parking Ratio | 1.03/1,000 SF |
Unit Amenities
- Cable Ready
- Heating
- Tile Floors
- Kitchen
- High Speed Internet Access
Site Amenities
- Fitness Center
- Laundry Facilities
- Property Manager on Site
Unit Mix Information
Description | No. Units | Avg. Rent/Mo | SF |
---|---|---|---|
Studios | 90 | - | - |
1+1 | 45 | - | - |
PROPERTY TAXES
Parcel Numbers |
Multiple
|
Improvements Assessment | $5,030,220 |
Land Assessment | $661,765 | Total Assessment | $5,691,985 |
PROPERTY TAXES
Parcel Numbers
Multiple
- 311500-016-000-0018-023-000-0000
- 311500-016-000-0018-021-000-0000
Land Assessment
$661,765
Improvements Assessment
$5,030,220
Total Assessment
$5,691,985
zoning
Zoning Code | OA (Office District, Class A) |
OA (Office District, Class A) |
Listing ID: 18586085
Date on Market: 2020-02-20
Last Updated:
Address: 941 James St, Syracuse, NY 13203
The Greater Syracuse Multifamily Property at 941 James St, Syracuse, NY 13203 is no longer being advertised on LoopNet.ca. Contact the broker for information on availability.
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