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97 Linwood Ave

12 Unit Block of Flats £860,695 (£71,725/Unit) 7.30% Net Initial Yield Buffalo, NY 14209

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Investment Highlights

MEDICAL CORRIDAOR LOCATION, BUS LINE, ESY ACCESS TO EVERYTHING AND BUFFALO CBD
OWNER CURRENTLY LIVES ON SITE IN ONE OF THE STUDIOS
POSSIBLE 13TH UNIT IN GARDEN LEVEL

WELL MAINTAINED BUILDING, NEEDS SOME COSMETICS
APPLIANCES, LAUNDRY AND POTENTIAL STORAGE IN BASEMENT
SOME OFF STREE PARKING

Executive Summary

DESTINCTIVE LINWOOD MANSION -FEATURING 12 APARTMENTS SSTUDIOS AND 1BEDROOM DESIGNS. SOME OFF STREET PARKING AVAILABLE. 3 LEVELS, 4 UNITS ON EACH LEVEL, PLUS FINISHED BASEMENT WITH POSSIBLE 13TH “GARDEN LEVEL” UNIT.
LANDLORD PAYS ELECTRIC AND WATER, TENANTS PAY HEAT. ALL NEWER APPLIANCES, BATHS WITH TUB AND SHOWERS AND SOME WITH JUST SHOWERS.
THERE IS COIN LAUNDRY IN THE BASEMENT.
UNITS ARE UNIT IN STYLE AND LAYOUT.
CLOSE TO BUS LINE, BUFFALO CBD, BUFFALO MEDICAL CORRIDOR AND THE CANADIAN BOARDER.

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Financial Summary (Pro forma - 2024) Click Here to Access	Annual	Annual Per SF
Gross Rental Income	$99,999	$9.99
Other Income	$99,999	$9.99
Vacancy Loss	$99,999	$9.99
Effective Gross Income	$99,999	$9.99
Taxes	$99,999	$9.99
Operating Expenses	$99,999	$9.99
Total Expenses	$99,999	$9.99
Net Operating Income	$99,999	$9.99

Financial Summary (Pro forma - 2024) Click Here to Access

Gross Rental Income
Annual	$99,999
Annual Per SF	$9.99

Other Income
Annual	$99,999
Annual Per SF	$9.99

Vacancy Loss
Annual	$99,999
Annual Per SF	$9.99

Effective Gross Income
Annual	$99,999
Annual Per SF	$9.99

Taxes
Annual	$99,999
Annual Per SF	$9.99

Operating Expenses
Annual	$99,999
Annual Per SF	$9.99

Total Expenses
Annual	$99,999
Annual Per SF	$9.99

Net Operating Income
Annual	$99,999
Annual Per SF	$9.99

Property Facts

Price	£860,695	Building Class	C
Price Per Unit	£71,725	Lot Size	0.27 AC
Sale Type	Investment	Building Size	8,575 SF
Net Initial Yield	7.30%	Average Occupancy	80%
No. Units	12	Number of Floors	3
Property Type	Residential	Year Built/Renovated	1900/1990
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low Rise

Price	£860,695
Price Per Unit	£71,725
Sale Type	Investment
Net Initial Yield	7.30%
No. Units	12
Property Type	Residential
Property Subtype	Apartment
Apartment Style	Low Rise
Building Class	C
Lot Size	0.27 AC
Building Size	8,575 SF
Average Occupancy	80%
Number of Floors	3
Year Built/Renovated	1900/1990
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.