531 3rd St – Multifamily Property – Niagara Falls, New York

531 3rd St – Multifamily Property – Niagara Falls, New York

531 3rd St – Multifamily Property

Niagara Falls, New York

Arista Development is pleased to present an opportunity to acquire the Verrazano, a newly remodeled mixed-use building in the heart of the Niagara falls area.

Status:        For Sale

Price:            Price Upon Request

Property Type:    Multifamily

Sub-Type:        Apartment

Building Size:    17,669 SF

Spaces:        10 Units

Document List For Investors

Sample only – links don’t work

PROPERTY FACTS

Price            Upon Request       

Sale Type        Investment      

No. Units        10           

Property Type    Multifamily      

Property Subtype    Apartment       

Apartment Style    Low Rise

Building Class    C

Lot Size        0.20 AC

Building Size        17,669 SF

No. Stories        3

Year Built        1900

 

PROPERTY TAXES

Parcel Number            291100-159-029-0001-005-000   

Improvements Assessment        $214,100

Land Assessment            $10,900   

Total Assessment            $225,000

ZONING

Zoning Code    C2-A

22 Palione Pl – Multifamily Property- Kailua, Hawaii

22 Palione Pl – Multifamily Property- Kailua, Hawaii

22 Palione Pl – Multifamily Property

Kailua, Hawaii

Considered one of Hawaii’s great beach towns, Kailua’s slender strand along its windward shore is home to two idyllic public beaches, Kailua Beach…

22 Palione Pl - Multifamily Property

Status:            For Sale

Price:                $4,950,000

Property Type:        Specialty

Sub-Type:            Residential Income

Building Size:        3,759 SF

Cap Rate:            4.95%

Document List For Investors

Sample only – links don’t work

PROPERTY FACTS

Price            Upon Request       

Sale Type        Investment      

No. Units        10           

Property Type    Multifamily      

Property Subtype    Apartment       

Apartment Style    Low Rise

Building Class    C

Lot Size        0.20 AC

Building Size        17,669 SF

No. Stories        3

Year Built        1900

 

FINANCIAL SUMMARY (PRO FORMA – 2019)    ANNUAL    ANNUAL PER SF

Gross Rental Income                $447,250    $118.98

Other Income       

Vacancy Loss       

Effective Gross Income                $447,250    $118.98

Taxes       

Operating Expenses       

Total Expenses                    $187,004    $49.75

Net Operating Income                $260,246    $69.23

Kahala Hotel & Resort    5 Star    338 rooms    36 min drive

PROPERTY TAXES

Parcel Number    1-4-3-017-058-0000    Improvements Assessment        $794,100

Land Assessment    $1,555,700        Total Assessment            $2,349,800

 

ZONING

Zoning Code    03-R-10