445 Leslie Rd Massena, NY 13662
90 units in 12 buildings with high occupancy.
Property Features for 445 Leslie Rd
General Information
- Standard status
- Active
Source:
Cbre
Listing Agency: CBRE | Syracuse Listing Agent: Lawrence Papaleo
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
90-Unit Multifamily Investment Opportunity
The Kaneb Apartments consist of twelve apartment buildings with 90 units on seven separate tax parcels. Eight units are currently offered as Airbnb rentals. There are 154 on-site parking spaces, plus eight garage units. The property has an occupancy average of approximately 94% over the past three years. The units are all electric, separately metered, and tenants pay their own utilities. Most units include a washer and dryer. Workout rooms are located at 2 Elizabeth Ave and 158 Highland Ave. Most units have been converted to LVP (luxury vinyl plank) flooring. The property is located in St. Lawrence County, a rural area of farms, forests and small towns, the largest county in New York State. The Village of Massena is located on the St. Lawrence River, which forms the boundary between the County and Ontario, Canada. St. Lawrence County is home to SUNY Potsdam and its Crane School of Music, Clarkson University, St. Lawrence University, SUNY Canton Technical College, and SUNY College of Environmental Science and Forestry's Ranger School near the Adirondack Park Hamlet of Wanakena. NYPA and Alcoa have agreed to a decade-long power contract that will usher in 50 additional jobs and $145 million in upgrades for the Massena plant, reinforcing its local importance and strengthening the area's economic stability.
Location Intelligence
Current Use by Public Records
Short term rental ...
Location Insight
- Map
- Local Demand
- City
- Massena
- County
- St. Lawrence
- State
- New York
- Longitude
- -74.8558515
- Latitude
- 44.9453096
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 90 units in 12 buildings with high occupancy.
Where is this apartment building located?
The property is located at 445 Leslie Rd Massena, NY.
What are key features of this property?
This property features: - High Occupancy Rate: Averaging ±94% over the past three years.; - New Job Opportunities: The NYPA Alcoa agreement brings 50 new jobs and $145 million in upgrades.; - Separately Metered Electric Units: Tenants pay their own electric bills.
