Multifamily Portfolio with Adjacent
For Sale
Contact for pricing
Pending
39 Village Cir, Ithaca, NY 14850
Portfolio includes 42 apartments that are 100% occupied and approximately 95 acres of adjacent land.
Property SizeContact for details
Lot Size95.00 Acres
Days on Market132
Property Features for 39 Village Cir
General Information
Standard status
Pending
Lot size
95.00 Acres
Property subtype
Multifamily
Occupancy
100%
Additional Details
Multifamily Units
42
Listing Agency:
O' Connell More Consulting & Real Estate
Listed By:
Christine O'Connell More · License #10301113077
Source:
Crexi
Added: Apr 12
Changed: Aug 8
Last Checked: Aug 20 at 8:20PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of O' Connell More Consulting & Real Estate
Investment Insights
Based on property information with market context.
This for-sale multifamily portfolio includes 42 apartments with 100% occupancy. The offering also includes approximately 95 +/- acres of adjacent land, presented as suitable for multi-family or industrial development. Reported collections were 93% as of August 2021.
The property is located just north of the City of Ithaca, near the edge of Cayuga Lake in Ithaca, New York. The area is described as a growing upstate market and home to Cornell University and Ithaca College, along with expanding tech and agricultural companies.
For buyers seeking a multifamily asset plus additional land to support future development, this package provides both the in-place occupied housing units and acreage positioned for potential expansion.
The property is located just north of the City of Ithaca, near the edge of Cayuga Lake in Ithaca, New York. The area is described as a growing upstate market and home to Cornell University and Ithaca College, along with expanding tech and agricultural companies.
For buyers seeking a multifamily asset plus additional land to support future development, this package provides both the in-place occupied housing units and acreage positioned for potential expansion.
Key Highlights
- Portfolio includes 42 apartments that are 100% occupied.
- Approximately 95 acres of adjacent land included, suitable for multi‑family or industrial development.
- Collections were 93% for August 2021.
Property Analytics
Property Profile
Current Use
Lease Details
42
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
35
Businesses Nearby
Explore this area
Business Placement
Demographics for 14850, NY
69,271
Population
31,772
Households
2.2
Avg Household Size
29
Median Age
72%
College-Educated
96%
High-School Grad
124.8 sq mi
ZIP Area
555
Density / Sq Mi
$69,689
Median Household Income
$36,115
Median Earnings
$1,446
Median Rent
$334,800
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Portfolio includes 42 apartments that are 100% occupied and approximately 95 acres of adjacent land.
Where is this apartment building located?
The property is located at 39 Village Cir Ithaca, NY.
What are key features of this property?
This property features: Portfolio includes 42 apartments that are 100% occupied.; Approximately 95 acres of adjacent land included, suitable for multi‑family or industrial development.; Collections were 93% for August 2021.
