99 Oak St. | 99 Oak St
This feature is unavailable at the moment.
We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.
Please check back in a few minutes. We apologize for the inconvenience.
- LoopNet Team
thank you
Your email has been sent!
99 Oak St. 99 Oak St
24 Unit Block of Flats £2,385,690 (£99,404/Unit) 8.16% Net Initial Yield Binghamton, NY 13905
Investment Highlights
- Extensive Renovations: Over $890,000 invested in upgrades and modernizations
- Luxury Interiors: Featuring premium, high-end finishes throughout
- Prime Location: Steps from the Court Street Bridge and the heart of Downtown Binghamton
- Spacious Layout: 24 units offering a total of 40 beds
- Convenient Parking: Off-street parking available for tenants
Executive Summary
This fully renovated, turnkey student housing complex in the heart of Binghamton, NY is now available for sale. Perfectly positioned to leverage the robust student housing market, the property sits on Oak Street just south of Main Street, within walking distance of the Court Street Bridge and all of Downtown Binghamton’s top restaurants, clubs, shops, and amenities. With a walkability score of 80, it provides unbeatable access to everything students desire. The 24-unit, 40-bed complex has undergone extensive renovations totaling $890,960, showcasing beautiful high-end finishes and modern design throughout. A rare opportunity to invest in a property that stands out with its quality and appeal in an area with consistently high rental demand.
Property Facts
Price | £2,385,690 | Building Class | C |
Price Per Unit | £99,404 | Lot Size | 0.25 AC |
Sale Type | Investment | Building Size | 23,654 SF |
Net Initial Yield | 8.16% | Average Occupancy | 100% |
No. Units | 24 | Number of Floors | 6 |
Property Type | Residential | Year Built | 1970 |
Property Subtype | Apartment | Parking Ratio | 0.42/1,000 SF |
Apartment Style | Mid Rise |
Price | £2,385,690 |
Price Per Unit | £99,404 |
Sale Type | Investment |
Net Initial Yield | 8.16% |
No. Units | 24 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Mid Rise |
Building Class | C |
Lot Size | 0.25 AC |
Building Size | 23,654 SF |
Average Occupancy | 100% |
Number of Floors | 6 |
Year Built | 1970 |
Parking Ratio | 0.42/1,000 SF |
Unit Amenities
- Air Conditioning
- Dishwasher
- Disposal
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walking/Biking Trails
- Lift
- Walk-Up
- Smoke Detector
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
1+1 | 10 | - | 1 |
2+1 | 11 | - | 1 |
6+2 | 1 | - | 1 |
Studios | 2 | - | 1 |
1 of 1
Walk Score ®
Very Walkable (80)
Bike Score ®
Very Bikeable (75)
zoning
Zoning Code | Neighborhood Office |
Neighborhood Office |
1 of 13
VIDEOS
3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
99 Oak St. | 99 Oak St
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.