39 Village Cir Ithaca, NY 14850

Listing agency O' Connell More Consulting & Real Estate

Listed by Christine O'Connell More · License #10301113077

Source Crexi

Added: Apr 12 Updated: Jul 21 at 4:29AM Checked: Jul 21 at 4:29AM

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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.

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.

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FAQs

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.