Ithaca Apartments
Price reduced - 42 apts and 95 +/- acres of land, Ithaca, NY
Investment Highlights
- High occupancy 93% collections in May, 2022
- Excellent location for additional apartments and/or industrial building(s)
- Near the Tompkins County airport
- Area businesses include UPS, FedEx, USPS, and medical technology companies
- Four miles to Cornell University
- Historic high occupancy
Rare opportunity in high cost of entry marketplace. 42, 100% occupied apartments plus 95 +/- acres of adjacent land excellent for multi family or industrial development. Ithaca, NY is a growing, Upstate NY city, home to Cornell University and Ithaca College as well as expanding tech and agricultural companies. This portfolio is just north of the City of Ithaca and near the edge of Cayuga Lake, one of the popular Finger Lakes. August, 2021 collections were 93%.
Contact Christine O'Connell More, O'Connell More Consulting & Real Estate, 315 439 4816 for more information and a property detail package.