Rochester Residential Investment Portfolio

Highlights:

• Portfolio scale: 28 assets and 44 total units across multiple Rochester ZIP codes.
• Income in place: current occupied rent schedule totals approximately $44,643/month before vacancy lease-up.
• Value-add runway: 8 vacant units across five properties create potential lease-up and rehabilitation upside.
• Tenant mix: source materials identify long-term tenants, cash-pay tenants, Section 8 and DSS-supported occupancy.
• Recent improvements: several properties note permitted electrical, glass-block windows, insulation, hot water heaters, plumbing, roofs and certificates of occupancy.
• Pricing position: the $4,500,000 asking price is approximately 2.6% below the aggregate provided property values of $4,621,000.

Description:

Rochester Residential Investment Portfolio
28-property portfolio | 44 total units | Rochester, New York

A diversified Rochester investment opportunity

This offering brings together a 28-property Rochester portfolio spanning single-family, multi-family and mixed-use assets. The current schedule reflects 44 total units, with a combination of long-term tenants, cash-pay tenants, Section 8/DSS-supported tenancy, and targeted value-add vacancies.

Documents: