Grand Ave. Portfolio
51 and 59 Grand Ave., 12 and 25 Margaret St.
Johnson City, NY 13790
Highlights
- 4 Buildings - 18 Units.
- Very well maintained buildings.
- Well below market rents.
- Tremendous value add opportunity.
Description
This is an excellent valued add opportunity without any renovation costs needed. There are very well maintained buildings. Below market rents. This is a portfolio of 4 buildings. All buildings are in a great strategic location. Grand Ave. Buildings are walking distance to the new Pharmaceutical school, UHS and new developments in Johnson City. Margaret Street is just off of Floral Ave. Walking distance to Main Street, the public and Student bus lines. 59 Grand Ave is s solid brick 8 unit building. 51 Grand Ave is a 3 unit Tudor style building which is suitable for Executive living. The Grand Ave properties offer off street parking, an 7 bay garage, storage space and shared laundry. 12 Margaret St is 5 units. 1 very large 2 bed unit and 4, 1 Bed units. 25 Margaret is a very well maintained duplex. The Margaret Street properties are very well maintained and offer off street parking, storage and laundry. These are a must see to appreciate them.
This is a portfolio of 4 buildings. All buildings are in a great strategic location. Grand Ave. Buildings are walking distance to the new Pharmaceutical school, UHS and new developments in Johnson City. Margaret Street is just off of Floral Ave. Walking distance to Main Street, the public and Student bus lines.
Documents
Offering MemorandumPortfolio Pro Forma.pdf
