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Cornell Portfolio - 22 Units - 80 Beds
Ithaca, NY Ithaca

$8,550,000 USD

Multifamily For Sale  •  6,092 SF

1 Properties View all

Property Details

  • Property Type Multifamily
  • Cap Rate 7.18 %
  • Zoning R-2B
30 Transit Score
70 Walk Score

Highlights

Stabilized Cash Flow: Fully leased portfolio with consistent historical performance and minimal revenue volatility.
Institutional Market Fundamentals: Supply-constrained market supported by top-tier university demand.
Portfolio Scale with Flexibility: Eight-property portfolio allowing for multiple exit strategies.
Operational Efficiency: Clean expense profile with no heavy repositioning required.
Cap Rate: 7.18 %

Public Transportation

AirportDriveWalkDistance
Ithaca Tompkins International 9 min - 5.2 mi
Elmira/Corning Regional 48 min - 35.3 mi
Kenneth Wellar 215-454-2879 GREA
Kenneth Wellar 215-454-2879 GREA