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Park Place Apartments 70 Brigham Rd

84 Unit Apartment Building For Sale Fredonia, NY 14063

Investment Highlights

  • This complex consists of (7) seven buildings totaling 84 individual suites
  • There is significant upside to convert this complex into market rate apartments .
  • Each individual suite is a 3-bedroom, 1- bathroom unit and is approximately 1,150 sq. ft.
  • Ample parking for tenants and visitors

Executive Summary

This complex consists of (7) seven buildings totaling 84 individual suites. Each individual suite is a 3-bedroom, 1-bathroom unit and is approximately 1,150 sq. ft. Significant upside to convert Student Housing into either affordable or market rate housing.

Property Facts

Sale Type Investment
No. Units 84
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class C
Lot Size 7.20 AC
Building Size 96,600 SF
No. Stories 3
Year Built 2006

Amenities

  • Smoke Detector

Unit Amenities

  • Cable Ready
  • Disposal
  • Microwave
  • Double Vanities
  • Kitchen
  • Refrigerator
  • Sprinkler System
  • Tub/Shower

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+1 84 - 1,150

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
065801-096-003-0001-014-000
Land Assessment
$11,000
Improvements Assessment
$980,705
Total Assessment
$991,705

zoning

Zoning Code R3 (Multiple-Family Residential)
R3 (Multiple-Family Residential)
  • Listing ID: 30884827

  • Date on Market: 2/6/2024

  • Last Updated:

  • Address: 70 Brigham Rd, Fredonia, NY 14063

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