EXCEPTIONAL VALUE ADD MULTIFAMILY INVESTMENT WITH THE POTENTIAL FOR A DEVELOPMENT COMPONENT FOR THE AMBITIOUS INVESTOR. THE LOCKPORT VIEWS APARTMENTS OFFERS A STABIIZED 11 UNIT APARTMENT COMPLEX COMPRISED OF 3 BUILDINGS, A STORAGE SHED AND AMPLE ADDITIONAL ACRERAGE, FOR FUTUTE DEVELOPMENT OF UP TO 22 RESIDNTIAL UNITS. TENANTS PAY FOR HEAT AND ELECTRIC, PLENTY OF OFF-STREET PARKING, CLOSE TO THE CITY OF LOCKPORT AND PUBLIC TRANSPORTATION. OWNERSHIP HAS COMPLETED SUBSTANTIAL CAP EX. AND THERE IS OPPORTUNITY FOR A 12TH APARTMENT UNIT UTILIZING EXISTING SPACE ON THE GROUND LEVEL OF ONE OF THE BUILDINGS. PLEASE SEE SUPPLIMENTS FOR INCOME AND EXPENSES AND HIGHLIGHTS.

Source: New York Alliance, MLS#: B1681995