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Attica Village Apartments 167 Main St 4 Unit Apartment Building $476,178 CAD ($119,045 CAD/Unit) 9.64% Cap Rate Attica, NY 14011



Investment Highlights
- Vinyl sided apartment building with separate utilities
- Village location in a residential neighborhood
- Moderately priced rents appeal to the majority of the market
- Two 2-bedroom and two 1-bedroom apartments
- Newer metal roof and newer replacement windows
- Local economy anchored by two large state employers
Executive Summary
Vinyl sided four-unit apartment building in the village of Attica with separate utilities. The apartments are large with remodeled kitchens and bathrooms, updated flooring and refinished original hardwood floors. The tenants pay their own gas and electric, the owner pays water. Each apartment has its own gas fired furnace and water tank, three of the apartments have laundry machines. Recent improvements include newer metal roofs and newer windows.
Main Street at the corner of Walnut Street in the village of Attica. Attica is 28 miles east of downtown Buffalo and ten miles south of Batavia in Wyoming County. The town and village of Attica have a population of 7,448 and the economy is anchored by two strong public employers; the Attica State Correctional Facility and the Wyoming County Correctional Facility.
Main Street at the corner of Walnut Street in the village of Attica. Attica is 28 miles east of downtown Buffalo and ten miles south of Batavia in Wyoming County. The town and village of Attica have a population of 7,448 and the economy is anchored by two strong public employers; the Attica State Correctional Facility and the Wyoming County Correctional Facility.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$65,304
|
$17.40
|
| Other Income |
-
|
-
|
| Vacancy Loss |
$3,265
|
$0.87
|
| Effective Gross Income |
$62,039
|
$16.53
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$16,156
|
$4.30
|
| Net Operating Income |
$45,883
|
$12.22
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $65,304 |
| Annual Per SF | $17.40 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | $3,265 |
| Annual Per SF | $0.87 |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $62,039 |
| Annual Per SF | $16.53 |
| Taxes (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses (CAD) | |
|---|---|
| Annual | $16,156 |
| Annual Per SF | $4.30 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $45,883 |
| Annual Per SF | $12.22 |
Property Facts
| Price | $476,178 CAD | Apartment Style | Garden |
| Price Per Unit | $119,045 CAD | Lot Size | 0.24 AC |
| Sale Type | Investment | Building Size | 3,754 SF |
| Cap Rate | 9.64% | Average Occupancy | 100% |
| No. Units | 4 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1900 |
| Property Subtype | Apartment | ||
| Zoning | 02 - SINGL | ||
| Price | $476,178 CAD |
| Price Per Unit | $119,045 CAD |
| Sale Type | Investment |
| Cap Rate | 9.64% |
| No. Units | 4 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Lot Size | 0.24 AC |
| Building Size | 3,754 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1900 |
| Zoning | 02 - SINGL |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 2 | $1,361 CAD | - |
| 2+2 | 2 | $1,361 CAD | - |
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 562201-006-015-0001-005-001-0000 | Improvements Assessment | $261,354 CAD (2025) |
| Land Assessment | $10,748 CAD (2025) | Total Assessment | $272,102 CAD (2025) |
Property Taxes
Parcel Number
562201-006-015-0001-005-001-0000
Land Assessment
$10,748 CAD (2025)
Improvements Assessment
$261,354 CAD (2025)
Total Assessment
$272,102 CAD (2025)
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Presented by
Brian Heine - Licensed Real Estate Broker
Attica Village Apartments | 167 Main St
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