161 Ballantyne Rd | Syracuse, NY 13205
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- LoopNet Team
161 Ballantyne Rd
Syracuse, NY 13205
Ballantyne Gardens · Multifamily Property For Sale · 140 Units
Investment Highlights
- Located off Route 11 near I-81 and only 2.2 miles from Syracuse University.
- Within a short walking distance of shopping, such as Family Dollar, Walgreens, Citi Trends, and public transportation, with numerous bus stops nearby.
- Tremendous investment opportunity to acquire a 140-unit apartment complex with 96.9% occupancy.
- Features on-site management, 4-hour maintenance, recent CapEx includes new windows, roofs, and energy-efficient systems throughout.
- Excellent mix of one, two, and three-bedroom apartments with spacious units, hardwood floors, and upgraded security systems.
PROPERTY FACTS
| No. Units | 140 | Building Size | 125,250 SF |
| Property Type | Multifamily | Average Occupancy | 46% |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built/Renovated | 1964/2014 |
| Building Class | C | Parking Ratio | 1.2/1,000 SF |
| Lot Size | 3.25 AC |
| No. Units | 140 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 3.25 AC |
| Building Size | 125,250 SF |
| Average Occupancy | 46% |
| No. Stories | 3 |
| Year Built/Renovated | 1964/2014 |
| Parking Ratio | 1.2/1,000 SF |
Unit Amenities
- Heating
- Kitchen
- Hardwood Floors
- Refrigerator
- Range
- Tub/Shower
- Dining Room
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Property Manager on Site
- Security System
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 60 | - | - |
| 2+1 | 72 | - | - |
| 3+1 | 2 | - | - |
| 3+2 | 6 | - | - |
PROPERTY TAXES
| Parcel Number | 311500-072-000-0014-002-000-0000 | Improvements Assessment | $2,080,600 |
| Land Assessment | $229,400 | Total Assessment | $2,310,000 |
PROPERTY TAXES
Parcel Number
311500-072-000-0014-002-000-0000
Land Assessment
$229,400
Improvements Assessment
$2,080,600
Total Assessment
$2,310,000
zoning
| Zoning Code | 006 |
| 006 |
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