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    Property profile & analytics
    OFF-MARKET Estimated value $2,665,000
    Assisted living facilities

    2700 Frst Rd, Getzville, NY 14068-1527

    283,706 SF 68.9 ac lot Built 1991
    Entity Owned 8-yr Hold Free & Clear
    Property ID
    US63-3186268
    Property summary
    AI-generated overview

    This exceptional 52-unit multifamily property, located at 2700 N Forest Rd, Buffalo, NY 14228, presents a compelling investment opportunity. Built in 1993 and renovated in 2010, this Class B building boasts 49,591 square feet, offering spacious one- and two-bedroom apartments. Each unit features large closets and either a full kitchen or an efficiency kitchenette, along with washer/dryer hookups. All utilities are included, and cable TV and telephone service are available. The property is currently configured for senior living, but its adaptable design makes it suitable for continued use as senior housing or conversion to studios, apartments, or student housing. Residents enjoy individually controlled heating and air conditioning, 24-hour security, weekly housekeeping, and convenient on-site laundry facilities. A significant advantage is the inclusion of restaurant-style dining with chef-prepared meals, incorporating resident input on menu selections. A robust activities program and access to campus amenities, including a gift shop, deli, banking services, salon, and game room, enhance the living experience. The property also features a backup generator for reliable power. This corporate-owned asset is priced at $4,465,000, representing $90.04 per square foot and $85,865.38 per unit. The property's location in Erie County, New York, offers strong potential for various uses and a solid return on investment.

    Property profile
    Verified
    Property type Assisted living facilities
    Use group HOMES (RETIRED, NURSING)
    Year built 1991
    Total area 283,706 SF
    Lot 68.9 ac (3,001,284 SF)
    APN 142289 41.03-1-1.111
    UPID US63-3186268
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • JEFFERY TODD FACER Physician
    • Menorah Campus Inc Home Health Care Service
    • Weinberg Campus Retirement Community
    • Rosa Coplon Living Center Nursing Home
    • Rosa Coplon Long Term Home Nursing Home
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $2.67M
    Owner & transaction history
    LLC Benchmark Turtle Creek · 8 yrs held
    LLC Benchmark Turtle Creek
    since 2018
    2 recorded transactions
    2018
    $10.3M
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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