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15 Buffalo St
Gowanda, NY 14070
Village View Apts · Multifamily Property For Sale
·
19 Units
Investment Highlights
- 4 Units are 2 Bedroom, 1 Bath and Are Mostly Move In Ready
- This is the SINGLE GREATEST Opportunity We Have Ever Offered!
- 15 Units are 1 Bedroom, 1 Bath and Are Roughly 50% Rehabbed
Executive Summary
UPDATED PRICING for CASH or HARD MONEY ONLY - FAST 14-DAY CLOSING - REPAIRS NEEDED.
See Attached Documents for Code Violations Documents.
Code Violations All Related to Safety- Fire Extinguishers, Sprinkler Systems, Adding GFCI's etc.
Estimated Repair Costs: $200K - $250K in Total.
Proforma CAP rate in the Upper 20's and GOES UP if you have a construction company or can tightly control rehab costs!
TIMEFRAME AND OFFER REQUIREMENTS
Bid Range: $225,000 - $250,000
Buy Now Price: $250,000
$5k EMD Due Within 24 Hours of Offer Acceptance.
Close Escrow in 14 Days or Less.
See Attached Documents for Code Violations Documents.
Code Violations All Related to Safety- Fire Extinguishers, Sprinkler Systems, Adding GFCI's etc.
Estimated Repair Costs: $200K - $250K in Total.
Proforma CAP rate in the Upper 20's and GOES UP if you have a construction company or can tightly control rehab costs!
TIMEFRAME AND OFFER REQUIREMENTS
Bid Range: $225,000 - $250,000
Buy Now Price: $250,000
$5k EMD Due Within 24 Hours of Offer Acceptance.
Close Escrow in 14 Days or Less.
Property Facts
Amenities
Site Amenities
- Public Transportation
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 15 | - | - |
| 2+1 | 4 | - | - |
Property Taxes
| Parcel Number | 143601-349-160-0002-033-000 | Improvements Assessment | $221,266 CAD |
| Land Assessment | $28,114 CAD | Total Assessment | $249,379 CAD |
Property Taxes
Parcel Number
143601-349-160-0002-033-000
Land Assessment
$28,114 CAD
Improvements Assessment
$221,266 CAD
Total Assessment
$249,379 CAD
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