Log In/Sign Up
Your email has been sent.
Brick Student Building in Binghamton 93 Front St 24 Unit Apartment Building $1,674,239 CAD ($69,760 CAD/Unit) 9.38% Cap Rate Binghamton, NY 13905
INVESTMENT HIGHLIGHTS
- 24 bedrooms, 10 baths
- Immediately on Binghamton University bus route
- Historic charm, easily leased
- Highly desirable location for student housing
- Large bright bedrooms
EXECUTIVE SUMMARY
Looking for approved student housing in the city of Binghamton? This four-story brick building is easy to lease and has potentialvalue-add opportunity with two vacant commercial spaces. A grand staircase up the center provides an open and airy feel. 24bedrooms are rented to groups, and have excellent rental history. Tenants share three updated kitchens and multiple commonareas, but all enjoy private bedrooms. Located in the center of student housing, restaurants, shops and nightlife, 93 Front is ahome run for any student housing portfolio.
DATA ROOM Click Here to Access
- Offering Memorandum
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$99,999
|
$9.99
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$99,999
|
$9.99
|
| Taxes |
$99,999
|
$9.99
|
| Operating Expenses |
$99,999
|
$9.99
|
| Total Expenses |
$99,999
|
$9.99
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Heating
- High Speed Internet Access
- Window Coverings
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
1 1
Walk Score®
Very Walkable (88)
PROPERTY TAXES
| Parcel Number | 030200-160-040-0001-046-000-0000 | Total Assessment | $225,629 CAD |
| Land Assessment | $48,228 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $177,401 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Number
030200-160-040-0001-046-000-0000
Land Assessment
$48,228 CAD
Improvements Assessment
$177,401 CAD
Total Assessment
$225,629 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
1 of 59
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Brick Student Building in Binghamton | 93 Front St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.