Philmont Heritage Portfolio
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
Philmont Heritage Portfolio
9 Properties Offered at $4,925,000 in Philmont, NY
Investment Highlights
- Total Units: 36 units across all properties, ranging from 1-bedroom apartments to 3-bedroom duplexes.
- Financing: Opportunity for financing structure details to be discussed. Current mortgage terms are assumable.
- Total Number of Properties: 9 houses. 1 carriage house, and 2 garages.
Executive Summary
This exclusive opportunity features a portfolio of nine properties in Philmont, NY, offering a mix of residential units across various addresses, all within a few block radius. The seller, a seasoned investor, prefers to sell the portfolio as a whole, though individual sales are possible. This portfolio offers an immediate income-generating investment with a projected NOI of $433,661. With a mix of fully renovated units and others primed for upgrades, the portfolio promises both stability and growth potential. Each property has been maintained by the owner, who employs a team of contractors and utilizes Door Loop for seamless property management. This portfolio offers immediate returns and long-term appreciation in a market with rising property values and increasing demand.
Property Facts
| Price | $4,925,000 | Number of Properties | 9 |
| Price / SF | $131.72 / SF | Individually For Sale | 0 |
| Cap Rate | 8.80% | Total Building Size | 37,390 SF |
| Sale Type | Investment | Total Land Area | 2.98 AC |
| Status | Active |
| Price | $4,925,000 |
| Price / SF | $131.72 / SF |
| Cap Rate | 8.80% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 9 |
| Individually For Sale | 0 |
| Total Building Size | 37,390 SF |
| Total Land Area | 2.98 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 5 Church St, Philmont, NY 12565 | Multifamily | 9,016 SF | 1940 | - |
| 3 Church St, Philmont, NY 12565 | Specialty | 2,365 SF | 1910 | - |
| 62 Main St, Philmont, NY 12565 | Multifamily | 5,398 SF | 1979 | - |
| 1 Church St, Philmont, NY 12565 | Multifamily | 2,392 SF | 1920 | - |
| 3 Elm St, Philmont, NY 12565 | Multifamily | 4,032 SF | 1984 | - |
| 20 Church St, Philmont, NY 12565 | Multifamily | 5,430 SF | 1974 | - |
| 7 Church St, Philmont, NY 12565 | Specialty | 871 SF | 1975 | - |
| 5 Elm St, Philmont, NY 12565 | Multifamily | 2,500 SF | 1985 | - |
| 7 Canal St, Philmont, NY 12565 | Multifamily | 5,386 SF | 1984 | - |
1 of 1
-
Jared Stone -
Houlihan Lawrence Commercial
1 of 24
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Philmont Heritage Portfolio
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.