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    FOR SALE
    Short term rental properties

    457 Leslie Rd, Massena, NY 13662

    99,726 SF
    Property ID
    US63-4186355
    457 Leslie Rd, Massena, NY 13662 For Sale 1 / 54
    $7,950,000 99,726 SF
    457 Leslie Rd, Massena, NY 13662
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    Property summary
    AI-generated overview

    90 unit Kaneb Apartment, Massena NY. 81 units are traditional apartments and nine are Airbnb. The units are located in 12 buildings, all located within 1/4 mile of each other. Multiple Cap Ex investments have been made into the properties in recent years, including: new roofs, new kitchens, siding, and floorings. Family-owned and developed. Units are all electric with tenants directly metered. Please see the offering memorandum for more details. Update: New Job Opportunities in Massena with NYPA Alcoa Agreement NYPA and Alcoa have agreed to a decade-long power contract that will usher in 50 additional jobs and $145 million in upgrades for the Massena plant—reinforcing its local importance and strengthening the area's economic stability. Alcoa’s Massena facility is a vital economic engine, being one of the longest continuously operating aluminum smelters in the world and a key employer in St. Lawrence County. The investment not only supports job growth but also signals a long-term commitment to the region’s industrial future.

    Property profile
    Verified
    Property type Short term rental properties
    Total area 99,726 SF
    UPID US63-4186355
    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
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