18 Units in Rhinebeck, NY - Value-Add Multi-Family Investment Opportunity

1-18 Willow Way Rhinebeck, NY 12572

1-18 Willow Way, Rhinebeck, NY, 12572
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FOR SALE
Property Type:
MultiFamily Apartments
Amount:
$3,500,000
Last Verified:
Apr 18, 2024


Description

This well maintained 18-unit garden style apartment complex presents a prime value-add investment opportunity in a sought-after Rhinebeck, NY location. The property comprises a mix of unit types, including 14 spacious two-bedroom apartments, 3 one-bedroom plus den units, and one studio apartment, along with a two-car garage. The property boasts impressive landscaping, creating a serene and welcoming environment for residents. Plenty of parking available for both tenants and guests, ensuring convenience and ease of access. The units feature a mix of ground-floor flats, two-level townhome-style layouts with 2 bedrooms and 1.5 baths, and a few mixed floor plan units. This variety adds character and charm to the complex, appealing to different tenant preferences.

Rhinebeck, NY, is a charming village located in Dutchess County, New York, nestled in the scenic Hudson Valley. It's known for its historic architecture, tree-lined streets, and picturesque countryside.


Year Built: 2007
Building Size: 25121sq ft
Lot Size: 6.82 acres


Documents

Willow Way, Rhinebeck Rent Roll.pdf
Willow Way, Rhinebeck I&E.pdf

Map of 1-18 Willow Way, Rhinebeck, NY, 12572

Presented by:
Berkshire Hathaway Home Services Hudson Valley

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Brian Mossey


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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

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