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Niagara Falls, NY Portfolio, 9.32% Cap
Niagara Falls, NY Niagara Falls

$900,000 USD

Multifamily For Sale  •  7,270 SF

5 Properties View all

Property Details

  • Property Type Multifamily
30 Transit Score
40 Walk Score

Highlights

9.32% in-place cap rate on $109,200 gross annual rent; pro forma rent of $122,400
Seller financing available: 30% down ($270,000), $630,000 at 8% fixed, no prepayment penalty
Two structures offered — 3-year interest-only at $4,200/mo, or 20-year fully amortizing at approx. $5,269/mo
Approx. $90,000 of recent capital improvements at 521 29th St
Established long-term tenancies across most of the portfolio; one unit delivered vacant for immediate lease-up or owner setting of market rent
25 minutes from the Ontario border — accessible for GTA-based ownership and self-management

Public Transportation

Commuter RailDriveWalkDistance
6 min - 3.0 mi
6 min - 3.1 mi
AirportDriveWalkDistance
Niagara Falls International 12 min - 5.1 mi
Buffalo Niagara International 36 min - 23.4 mi
Rachel Aspland 716-908-1126 RZ Real Estate LLC
Rachel Aspland 716-908-1126 RZ Real Estate LLC