111 Oak St. Portfolio
$1,575,000
111 Oak St, Binghamton, NY 13905
9.17
Cap Rate
144,431.21
NOI
Details:
Highlights:
- 26 Student beds!
- 10 Vehicle lot which presents a unique development opportunity in the heart of Binghamton!
- Brick Buildings!
- Street Level Retail in Downtown!
- Massive Upside Potential!
- 1 Block from the Koffman Incubator!
- Average student bed rents for $791 in Downtown!
Description:
Matthew Karlgut with SVN Innovative Commercial Advisors is proud to announce this Unique opportunity to break into the student housing market in Downtown Binghamton with an impressive 26 bed portfolio spread across 2 properties 138 Court St and 111 Oak St. 156 Court St is a 10 vehicle lot which presents a unique development opportunity in the heart of Binghamton! The Average student bed rents for $791 in Downtown. This creates Massive Upside Potential!
Located in, and in very close proximity to Downtown Binghamton, This Portfolio includes 111 Oak St(12 Units) which is located within 1 block to Downtown, 138 Court St (3 Units) In Downtown, and 156 Court (10 Vehicle Lot) also in Downtown Binghamton. This is Located at the epicenter of student housing with approximately 1,300 Student Beds located in the immediate vicinity. The Greater Binghamton Area has recently been named a Federal Technology Hub, and is home to The Koffman Incubator. Many innovative corporations have chosen the Greater Binghamton Area as their home.
Electric & Gas
Documents:
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| BOV__P_.pdf |
Location
Gallery
