REO: Park Place Multifamily
84 Unit / 252 Bed Apartment Complex across from SUNY Fredonia's campus
Marketing description
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Cushman & Wakefield | Pyramid Brokerage Company, as exclusive agent, is pleased to present the opportunity to acquire the 100% fee interest in 70 Brigham Road, an 84 unit apartment complex in Fredonia, NY.
Located in Fredonia, in the southwestern portion of New York State, Park Place is an 84 unit (252 bed) apartment complex located immediately across from SUNY Fredonia’s campus and approximately 1 mile from the Village of Fredonia.
Fredonia is located on the NYS Thruway (I-90) between Buffalo, NY and Erie, PA in the heart of Lake Erie wine country.
- Non-Contingent
- Earnest Money Deposit: 10% of the Purchase Price
- Marketing Fee: 3% of the Winning Bid Amount, $20,000 minimum
- $10,000 Participation Deposit
- Subject To Seller Approval
70 Brigham Rd, Fredonia, NY 14063
Investment highlights
- 100% Fee Interest in 84-Unit Apartment Complex
- All units are 3 bedroom, 1 bathroom
- 253 Parking Spaces, 100% Sprinklered
- Located in the southwestern portion of New York State
- Immediately across from SUNY Fredonia’s campus
- Approximately 1 mile from the Village of Fredonia
- Currently undergoing an energy assessment in all seven (7) buildings
- Development site on the south side of the property is ideal for expansion or the addition of an amenity
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