Property Details

Property Type: Multifamily

Subtype: Apartment Complex

Investment Type: Value Add

Class: B

Square Footage: 100,000

Pro-Forma NOI: $450,000

Units: 94

Asking Details

Asking Price: $8,200,000

Marketing Description

Total of 94 units: 44 at Hayner Heights in Halfmoon and 50 at Canfield Park in Wilton. Gross rental income is approximately $825,000.00. The actual NOI is $450,000, with estimated expenses around $375,000. The property is clean and well-maintained, with below-market rents.