54-Unit Apartment
For Sale
Contact for pricing
297 W MAIN ST, Springville, NY 14141
Single-story residences feature private entrances, patios, attached garages, and in-unit laundry.
Property SizeContact for details
Days on Market58
Property Features for 297 W MAIN ST
General Information
Standard status
Active
Property subtype
Multifamily
Occupancy
100%
Financials
Asking Price
$12,900,000
Cap Rate
5.5%
Units
Unit Mix
54 x 2BR
Multifamily Units
54
Additional Details
Highway Access
Yes
Amenities
private individual entrances
attached garages
in-unit laundry
central air
stainless steel appliances
hard-surface countertops
LVT flooring
private patios
Building Details
Buildings
12
Stories
1
Construction
patio-style
Listing Agency:
Network One Realty
Listed By:
Michael F. Battaglia CCIM · License #NY 10371200173
(716) 310-9871
Source:
Crexi
Added: Sep 1
Changed: Oct 26
Last Checked: Oct 28 at 6:44AM
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 Network One Realty
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Investment Insights
Based on property information with market context.
This newly constructed apartment community includes 54 two-bedroom homes averaging approximately 1,140 SF. The 12-building property is configured in a single-story, patio-style layout, with each residence offering a private entrance, attached garage, in-unit laundry, central air, stainless steel appliances, hard-surface countertops, LVT flooring, and a private patio.
The community is located at 297 W. Main St. in Springville, NY, with access to Route 219 and connections toward Buffalo, regional employment centers, shopping, dining, healthcare, and year-round recreation. Occupancy is reported at 100%, providing an established operating profile for the multifamily asset.
The community is located at 297 W. Main St. in Springville, NY, with access to Route 219 and connections toward Buffalo, regional employment centers, shopping, dining, healthcare, and year-round recreation. Occupancy is reported at 100%, providing an established operating profile for the multifamily asset.
Key Highlights
- 54‑unit apartment community with all residences configured as two‑bedroom homes
- Approximately 1,140 SF per apartment
- 12 buildings with single‑story, patio‑style layouts
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
54
Residential units
100%
Occupancy
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
309
Businesses Nearby
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Business Placement
Demographics for 14141, NY
7,585
Population
3,675
Households
2.1
Avg Household Size
45
Median Age
28%
College-Educated
93%
High-School Grad
72.3 sq mi
ZIP Area
105
Density / Sq Mi
$71,837
Median Household Income
$48,453
Median Earnings
$738
Median Rent
$195,800
Median Home Value
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Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Single-story residences feature private entrances, patios, attached garages, and in-unit laundry.
Where is this apartment building located?
The property is located at 297 W MAIN ST Springville, NY.
What is the asking price?
The asking price for this property is $12,900,000.
What are key features of this property?
This property features: 54‑unit apartment community with all residences configured as two‑bedroom homes; Approximately 1,140 SF per apartment; 12 buildings with single‑story, patio‑style layouts
