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105 Roney Ln
Syracuse, NY 13210

The Summit Apartments · Residential Property For Sale · 264 Units

Investment Highlights

  • The Summit Apartments is less than a mile from Syracuse University’s John A Lally Athletic Complex, offering an ideal location for students and staff.
  • Major capital improvements are currently underway, which include appliance upgrades, modernizing all finishes, and updates to unit flooring.
  • Seize the opportunity to acquire a 264-unit portfolio in a high-growth market with upside potential through increasing rents to current market rates.
  • Ideally located near major employers, such as Syracuse University and St. Joseph’s Health Center, and a short drive to the new Micron Technology site.

PROPERTY FACTS

No. Units 264
Property Type Residential
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 8.61 AC
Building Size 142,128 SF
Number of Floors 3
Year Built/Renovated 1950/2000
Parking Ratio 2.56/1,000 SF

Unit Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower

Site Amenities

  • Laundry Facilities

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 311500-058-000-0009-022-000-0000
  • 311500-059-000-0001-004-000-0000
Land Assessment
£251,862
Improvements Assessment
£6,072,522
Total Assessment
£6,324,384

zoning

Zoning Code R5 - High Density Res (The R5 district is established to provide for higher density residential development including a mixture of single-, two-, and multi-unit dwellings.)
R5 - High Density Res (The R5 district is established to provide for higher density residential development including a mixture of single-, two-, and multi-unit dwellings.)
  • Listing ID: 30657613

  • Date on Market: 13/01/2024

  • Last Updated:

  • Address: 105 Roney Ln, Syracuse, NY 13210

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