This is a total of 45 rental units in 12 different properties, in Village of Newark. Over $200k NOI, $350k Gross rents, 12-CAP. Several long term master leases to stable non-profit agencies, they pay all rent, handle maintenance, lawn, snow,...
This is a total of 45 rental units in 12 different properties, in Village of Newark. Over $200k NOI, $350k Gross rents, 12-CAP. Several long term master leases to stable non-profit agencies, they pay all rent, handle maintenance, lawn, snow, tenant placement, etc. These are all located within a 5-minute radius, making for an easily managed portfolio. Structures and mechanicals in excellent condition. Fully occupied. Built, owned and managed by the same family since the mid 1900's. A nice collection of turn-key rental properties filled with rent paying tenants. Email for list of 11 Tax ID's Listing Courtesy of Thomas A. Salviski ,Central MLS
Brick, Other - See Remarks, Vinyl, Wood
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Select Sotheby’s International Realty offers exemplary service to real estate buyers and sellers in the Upstate New York area, with a specialized focus on unique and distinctive properties. Our real estate brokers and agents are locals with in depth knowledge of the Upstate New York real estate market and the surrounding real estate markets of Lake George, The Catskill Mountains, Lake Placid, Saratoga, and Central New York. Select Sotheby’s International Realty’s clients should expect personal attention, and extraordinary marketing from the most knowledgeable agents in the Upstate New York area. Servicing everything from the Catskills north to the Canadian border and form Vermont west past the Finger Lakes and Thousand Islands we specialize in Saratoga Springs Real Estate, Catskills Real Estate, Lake Placid Real Estate, Lake George Real Estate, Central New York real estate, and many other local communities.
The listing information set forth on this site is based upon information which we consider reliable, but because it has been supplied by third parties to our franchisees (who in turn supplied it to us) , we cannot represent that it is accurate or complete, and it should not be relied upon as such. The offerings are subject to errors, omissions, changes, including price, or withdrawal without notice. All dimensions are approximate and have not been verified by the selling party and cannot be verified by Sotheby's International Realty Affiliates LLC. It is recommended that you hire a professional in the business of determining dimensions, such as an appraiser, architect or civil engineer, to determine such information.