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

1-18 Willow Way, Rhinebeck, NY

$3,500,000

Price

25,121 sqft

Building Size

6.82 acres

Lot Area

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Map
Overview
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.

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