Investment Overview
Offered for sale is a seven-building multifamily portfolio comprising 25 units and 38 beds across Endicott and Johnson City, NY. The properties reflect a high level of pride in ownership, with attentive management and consistent maintenance evident in their condition, rental performance and low tenant turnover.
The portfolio offers investors an established rental operation with a focus on tenant retention and property stewardship. Its distribution across two Greater Binghamton communities provides geographic diversification and access to housing demand supported by manufacturing, healthcare and higher education.
Investment Highlights
- Seven-Building Portfolio: 25 multifamily units and 38 beds across Endicott and Johnson City, NY.
- Pride of Ownership: Well-maintained properties reflecting consistent care and attentive ownership.
- Established Operations: Strong property management reflected in rental performance and low tenant turnover.
- Tenant Retention: Low turnover supports income continuity and reduces leasing and turnover costs.
- Geographic Diversification: Five buildings in Endicott and two in Johnson City.
- Diverse Demand Drivers: Regional employment anchored by manufacturing, healthcare and higher education.