Listed by Greco Real Estate
$1,150,000
Willow View
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,672
Units 15
Occupancy 93%
Tenancy Multi
Price per SqFt $246
Buildings 3
Acreage 1.730
Parking Spaces 20 spaces
Parking Per SqFt 4.28
Investment Type Stabilized
Sale Condition N/A
Multifamily | 15 Units
Marketing description
Willow View is a well-maintained 15-unit multifamily property located at 115 Willow Street in Lockport. The asset consists of a desirable unit mix of nine two-bedroom apartments and six one-bedroom apartments. The property is currently 93% occupied with only one vacancy, demonstrating strong in-place demand and stable cash flow. Willow View presents investors with the opportunity to acquire a performing asset with immediate income and limited rollover risk. The balanced unit composition, high occupancy level, and strategic location within the Lockport market position this property as a compelling addition to any multifamily portfolio seeking steady returns and long-term appreciation potential.
Investment highlights
- Willow View is a well-maintained 15-unit multifamily property located at 115 Willow Street in Lockport. The asset consists of a desirable unit mix of nine two-bedroom apartments and six one-bedroom apartments. The property is currently 93% occupied with only one vacancy, demonstrating strong in-place demand and stable cash flow. Willow View presents investors with the opportunity to acquire a performing asset with immediate income and limited rollover risk. The balanced unit composition, high occupancy level, and strategic location within the Lockport market position this property as a compelling addition to any multifamily portfolio seeking steady returns and long-term appreciation potential.
Listing Contacts
Listed by Greco Real Estate
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