8305 Buffalo Ave Niagara Falls, NY 14304
Ø Located in the Lasalle District of Niagara Falls, Ø Minutes from the Niagara Falls Factory Outlet Mall, Restaurants, Shopping, Schools, Parks and Recreation. Ø Just 15 minutes to the Canadian border and 25 minutes to the Greater Buffalo CBD. Ø Silver Lake is comprised of 60 garden style, (one- and two-bedroom units) Ø Spacious units with eat in kitchen & appliances. Ø Tenant storage, Coin laundry & ample surface parking. Ø Six buildings, with 10 units in each. Ø Exteriors are masonry and stucco construction. Roofs are flat and replaced within the past 10 years. Ø Easy access to all major roadways and interstate thruways to scenic Niagara Falls, the town of Lewiston and the Greater Buffalo region. Ø Silver Lake is in close proximity to the Niagara Falls airport, abundant retail, shopping and commerce, around the Military Rd. and Niagara Falls Blvd. corridor. Very close to several “Tenant pipeline’s” which includes the expansion of the Niagara Falls Factory Outlet Mall, the newly developed Lasalle Power Retail Center, as well as Niagara Falls tourism and trade facilities and the benefit of the Seneca Niagara Casino. Ø Silver lake is embedded in the predominately residential community of Lasalle, NY. 7 minutes to shopping, schools and Thruway access. There is public transportation at the property site. Ø Tenancy is strong, rents are competitive and there is room for “Value Add” growth thru Cap Ex. And lease trade outs !
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.