Property summary
This exceptional investment opportunity presents a substantial portfolio encompassing 65 single-family rental properties strategically located throughout the Buffalo, NY region, including Lockport, Salamanca, North Tonawanda, Grand Island, Kenmore, Tonawanda, and Angola. The portfolio boasts a robust 94% occupancy rate, generating a substantial Net Operating Income (NOI) of $991,179, and a compelling 13.23% capitalization rate. The asking price for this turnkey portfolio is $7,491,700. Properties are zoned residential and are available for sale as a whole or individually. The portfolio's strong performance is underscored by its consistent rental income, with a current gross annual income exceeding $1,012,500. Detailed financial information, including the most recent rent roll, is available upon request. Note that property prices are based on a preliminary assessment and may be subject to adjustment following a full survey. Furthermore, properties currently undergoing rehabilitation have rental amounts subject to change. Finally, where applicable, village taxes are included in the county tax rate. This portfolio represents a rare opportunity to acquire a significant, high-performing rental asset in a growing market.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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