28 units on 24 acre former horse property!
Price: $2,240,000 (7% CAP rate)
Private road, pond, all flat and open fields (former horse property), zone multi-family, great development potential, laundry room waiting to be finished for added income, plenty of parking, new horse fencing.
Excellent rent-roll with plenty of opportunity for further growth. This is the largest multi-family property in Millbrook.
Price: $2,240,000
Expenses: $87,000
NOI: $157,000
Interested? Call for financials, rent-roll, etc.
Call Peter Nikic (914) 804-0037 or visit website: www.broadnbailey.com
Possible development site - 24 acre zoned multi-family.
That is a great investment. I hope you sell it quickly. good luck.
Hey Peter: THis sounds like a nice property. GOod luck with it. Hope it sells quickly
Thanks
Don
Gita / Doald, Thanks, let's keep our fingers crossed. :-)