COMMERCIAL AND
INVESTMENT PROPERTIES
UPDATED MARCH 2008
UPDATED MARCH 2008
26 UNIT APARTMENT
COMPLEX IN RHINEBECK
INCOME PROPERTY
5 large 2 bedrooms,3 jr one bedrooms,8 large 1 bedrooms and 10 1 bedroom units w/ den that would be great. Also gross income $280,800 operating expenses= $75,322 net income=$205,478
$2,600,000
INCOME PROPERTY
5 large 2 bedrooms,3 jr one bedrooms,8 large 1 bedrooms and 10 1 bedroom units w/ den that would be great. Also gross income $280,800 operating expenses= $75,322 net income=$205,478
$2,600,000
STANDFORDVILLE
Lakeview apartments consist of 39 apartments and 1 separate commercial office. Located on 10 acres with frontage on Hunns lake. There are a total of 26 - 2 bedroom apartments, 12 - 1 bedroom apartments and 1 bedroom house. There was a modern redevelopment done in the 1980's with frame construction and a masonary foundations. Apartments have hardwood floors, oak cabinetry, modern appliances, ceramic tiled kitchens and bathrooms. Thermopane windows. $3,250,000
Gross rental income=$385,884 operating expenses=$126,227, net income=$259,657
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Lakeview apartments consist of 39 apartments and 1 separate commercial office. Located on 10 acres with frontage on Hunns lake. There are a total of 26 - 2 bedroom apartments, 12 - 1 bedroom apartments and 1 bedroom house. There was a modern redevelopment done in the 1980's with frame construction and a masonary foundations. Apartments have hardwood floors, oak cabinetry, modern appliances, ceramic tiled kitchens and bathrooms. Thermopane windows. $3,250,000
Gross rental income=$385,884 operating expenses=$126,227, net income=$259,657
Click image for additional images.
