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Countryside Apartments 7108 Rome Oriskany Rd

24 Unit Apartment Building $990,000 ($41,250/Unit) Rome, NY 13440

Investment Highlights

  • Has 6 separate cottages that can be turned into short-term (Airbnb) rental

Executive Summary

HIGHLY MOTIVATED SELLER. MUST SELL. SERIOUS OFFERS ONLY.
For sale 24 unit property. Currently being managed by a property manager.
Additional 3-unit, triplex, available in Rome NY (separate location) which can sold as a packaged deal.

Financial Summary (Pro forma - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses - -
Total Expenses $99,999 $9.99
Net Operating Income - -

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual -
Annual Per SF -

Property Facts

Price $990,000
Price Per Unit $41,250
Sale Type Investment
No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 2.16 AC
Building Size 12,000 SF
Average Occupancy 96%
No. Stories 2
Year Built 1953
Parking Ratio 2.96/1,000 SF

Unit Amenities

  • Cable Ready
  • Heating
  • Kitchen
  • Hardwood Floors
  • Refrigerator
  • Oven
  • Tub/Shower
  • Carpet
  • Yard
  • Freezer
  • Lawn

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 16 - 175
1+1 5 - 250
2+1 3 - 400

zoning

Zoning Code RR (Residential)
RR (Residential)
  • Listing ID: 30992922

  • Date on Market: 2/19/2024

  • Last Updated:

  • Address: 7108 Rome Oriskany Rd, Rome, NY 13440

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