Buffalo, New York.
200 Units Multifamily For Sale.
Day One 5.85% Cap Rate.
8.7% Average Cash-On-Cash Return Over a 5-year Hold Period.
- Total Population (3-Mile Radius): 143,483
- Median HH Income (3-Mile Radius): $39,352
- Submarket Avg. Vacancy Rate (3-5 Star): 7.5%
- Submarket Rent Per Unit (3-5 Star): $1,495 (2.2% YOY Change)