1-18 Willow Way | Rhinebeck, NY 12572
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1-18 Willow Way
Rhinebeck, NY 12572
Residential Property For Sale · 18 Units
Executive Summary
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.
PROPERTY FACTS Under Contract
| Price Per Unit | £155,423 | Building Class | C |
| Sale Type | Investment | Lot Size | 6.76 AC |
| Net Initial Yield | 5.93% | Building Size | 25,121 SF |
| No. Units | 18 | Number of Floors | 2 |
| Property Type | Residential | Year Built | 2007 |
| Property Subtype | Apartment | Parking Ratio | 1.99/1,000 SF |
| Apartment Style | Garden |
| Price Per Unit | £155,423 |
| Sale Type | Investment |
| Net Initial Yield | 5.93% |
| No. Units | 18 |
| Property Type | Residential |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 6.76 AC |
| Building Size | 25,121 SF |
| Number of Floors | 2 |
| Year Built | 2007 |
| Parking Ratio | 1.99/1,000 SF |
Unit Mix Information
| Description | No. Units | Avg. Rent.Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 14 | - | - |
PROPERTY TAXES
| Parcel Number | 135089-6371-00-336009-0000 | Improvements Assessment | £1,887,115 |
| Land Assessment | £390,148 | Total Assessment | £2,277,263 |
PROPERTY TAXES
Parcel Number
135089-6371-00-336009-0000
Land Assessment
£390,148
Improvements Assessment
£1,887,115
Total Assessment
£2,277,263
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