79 Yaun Avenue
79 Yaun Ave, Liberty, NY 12754
Marketing description
79 Yaun Avenue presents the opportunity to acquire a fully occupied 36-unit multifamily community located in Liberty, New York. The property consists of six residential buildings situated on approximately 1.62 acres and benefits from a long history of ownership investment, operational stability, and strong tenant demand.
The asset has undergone substantial capital improvements over the past several years, including roof replacements, parking lot improvements, security enhancements, exterior lighting upgrades, apartment renovations, and numerous mechanical system updates. Ownership has systematically improved units as needed, resulting in a well-maintained apartment community with limited deferred maintenance requirements.
The property generates approximately $361,427 in current annual net operating income and offers investors a clearly demonstrated path toward approximately $418,664 in annual net operating income through continued rent optimization. Unlike many value-add opportunities, the pro forma assumptions are supported by rents already being achieved within comparable renovated units at the property.
79 Yaun Avenue offers investors a rare combination of strong in-place cash flow, recent capital improvements, favorable utility structure, and measurable upside potential.
Investment highlights
- Fully occupied 36-unit multifamily community located in Liberty, New York
- Six residential buildings situated on approximately 1.62 acres
- Long history of ownership investment, operational stability, and strong tenant demand
- Substantial capital improvements including roof replacements, parking lot improvements, security enhancements, exterior lighting upgrades, apartment renovations, and numerous mechanical system updates
- Well-maintained apartment community with limited deferred maintenance requirements
- Generates approximately $361,427 in current annual net operating income
- Pro forma NOI of approximately $418,664 in annual net operating income through continued rent optimization
- Pro forma assumptions supported by rents already being achieved within comparable renovated units at the property
- Strong in-place cash flow, recent capital improvements, favorable utility structure, and measurable upside potential
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