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18 Units in Rhinebeck, NY - Value-Add Multi-Family Investment Opportunity

$3,500,000

1-18 Willow Way, Rhinebeck, NY 12572

Active
Last Updated: 06/17/2024

25,121 sqft

Building Size

6.82 acres

Lot Area

Details:
Building Size:    25,121 sqft
Lot Area:    6.82 acres
Occupancy:    100%
Units:    18
Year Built:    2007
Floors:    2
Parking Spots:    54
Description:

This well maintained 18-unit garden style apartment complex presents a prime value-add investment opportunity in a sought-after Rhinebeck, NY location. The property comprises a mix of unit types, including 14 spacious two-bedroom apartments, 3 one-bedroom plus den units, and one studio apartment, along with a two-car garage. The property boasts impressive landscaping, creating a serene and welcoming environment for residents. Plenty of parking available for both tenants and guests, ensuring convenience and ease of access. The units feature a mix of ground-floor flats, two-level townhome-style layouts with 2 bedrooms and 1.5 baths, and a few mixed floor plan units. This variety adds character and charm to the complex, appealing to different tenant preferences.

Rhinebeck, NY, is a charming village located in Dutchess County, New York, nestled in the scenic Hudson Valley. It's known for its historic architecture, tree-lined streets, and picturesque countryside.

Map:
Documents:
Title
Willow Way, Rhinebeck I&E.pdf
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Willow_Way__Rhinebeck_Rent_Roll.pdf
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