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Skye View Heights + Altura

2 Properties Offered at $21,262,050 CAD in Endicott, NY

Investment Highlights

  • 54 units for 55+ independent living
  • Convenient location close to shopping, restaurants and medical care
  • Beautiful low-maintenance units
  • 160 additional units approved, land included
  • 100% occupancy with waiting list

Executive Summary

Discover this premier development in Endicott, an unrivaled investment opportunity in Broome County. Featuring 54 units of 55+ housing and an additional 21 acres approved for construction of 160 units, Skye View Heights and the potential Altura development are ready for new owners. Pristine units boast renovated interior spaces, modern kitchens and baths, laundry, private garages, fireplaces, patios, spacious bedrooms and more. A stable clientele call these buildings home, and owners report no evictions, but rather have a waiting list for occupants. Between the current performance, ability to increase income, and additional development parcels, this one is a home run.

Property Facts

Price $21,262,050 CAD
Price / SF $1,329 CAD / SF
Sale Conditions Bulk/Portfolio Sale
Cap Rate 5.16%
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 16,000 SF
Total Land Area 30.16 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
105 Skye Island Dr, Endicott, NY 13760 Land 21.00 AC - -
Skye View Heights
505 E Franklin St, Endicott, NY 13760
Multifamily 16,000 SF 2012 -
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  • Listing ID: 34002788

  • Date on Market: 2024-11-26

  • Last Updated:

  • Address: Skye View Heights + Altura, Endicott, NY

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