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Property profile & analytics
OFF-MARKET
Apartment buildings

8305 Buffalo Ave Niagara Falls, NY 14304

68,000 SF Built 1962
Property ID
US63-6126378
Property summary
AI-generated overview

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 !

Property profile
Verified
Property type Apartment buildings
Year built 1962
Total area 68,000 SF
UPID US63-6126378
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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