9 Village Cir, Ithaca, NY 14850
Forty-two apartment units with recent hallway updates, generally near full occupancy and a strong collection history.
Property Features for 9 Village Cir
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Based on property information with market context.
The buildings are located just outside the City of Ithaca, near the airport and about four miles from Cornell University, and they are next to an industrial park. The property is zoned for apartments. There is also 95 +/- acres adjacent to the properties, and the seller notes that purchasing both the apartments and the land may offer additional development possibilities, subject to zoning and town approvals.
Key Highlights
- 42 apartment units just outside the City of Ithaca, generally at 100% occupancy with an excellent collection history
- Recent updates to hallways in the apartment complex
- Unit mix by build year: 12 apartments built in 2015 and 30 apartments built in 1980
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Trade Area within ½ mile
Demographics for 14850, NY
Market
Vacancy Rate% for Multifamily in Northeast region