Oneonta Hill City Student Rental Portfolio
16-18 Myrtle Avenue
Oneonta-City, New York
Ostego County
$1,100,000
Listing #135535
Active
Three-Property Rental Portfolio
Total sq ft - 6,534
Strong, immediate cash flow at an exceptional cap rate of around 9.5%
32 Ford Avenue, 8 Franklin Street, & 16-18 Myrtle Avenue all in Oneonta, NY
all proven and up-to-date, and fully permitted student housing
32 Ford Avenue
a 2-unit with a total of 5 bedrooms
8 Franklin Street
a single-family 3-bedroom with potential for a 4th bedroom conversion
16-18 Myrtle
a large duplex with a grandfathered 10-person occupancy rate
About this Property
Welcome to Hill City Student Rentals. This three-property rental portfolio is a complete, buttoned-up investment opportunity with strong immediate cash flow at an exceptional cap rate of around 9.5%. Whether you are a solo investor, an institutional investor, a student or a family member of a student, this is truly a great opportunity. Offered as a package, we have 32 Ford Avenue, 8 Franklin Street, and 16-18 Myrtle Avenue all in Oneonta, NY and all proven and up-to-date, and fully permitted student housing. 32 Ford is a 2-unit with a total of 5 bedrooms. 8 Franklin Street is a single-family 3-bedroom with potential for a 4th bedroom conversion. 16-18 Myrtle is a large duplex with a grandfathered 10-person occupancy rate. This combination of properties creates a very unique, turn-key portfolio with strong NOI. Available furnished and leased for the upcoming school year, this is an investment that will cash flow right out of the gates and is not an opportunity you will want to miss.
Land and Water Realty LLC
Office Information
607-290-4114
Travis O'Dell
Agent Information
845-807-2630travis@landandwaterrealty.com
Land and Water Realty LLC
1974 Old Route 17, Suite 1
P.O. Box 411
Roscoe, NY 12776
607-290-4114