Rochester Portfolio – Rochester, NY

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*Lead broker contact information is located within the offering memorandum. 

Listed By: SkyView Advisors, LLC. NY RE Lic #10991240089

Deal Highlights

All Site Visits Must be Scheduled Through SkyView Advisors

• Exceptional Opportunity to Acquire a Stabilized Three-Property Portfolio in the Rochester, NY Market Comprised of a Combined 201,395 NRSF

 

• Rochester, NY is the 51st Most Populous Market in the United States

 

• Assets Operated with Optimized Management Achieving Institutional Expense Loads

 

• Add Over 100K NOI Immediately by Implementing Tenant insurance, Retail Sales and Admin Fees at Each Location

 

• Each Facility Well Positioned with Frontage on Thoroughfare Seeing Over 15,000 VPD

 

• Assets Radius Boasts Very Low Supply Numbers of 4 to 5 NRSF Per Capita with Insignificant Future Development Pipeline

 

• Assets Maintain Near Top of Market Rates with Room Conservatively to Grow GPR 10% by Y2

 

• Convert at Greece Mini Location over 57,000 NRSF to Climate Control to Add Over $275K NOI

 

• Expand at Greece Ridge Location with Permitted Two-Story 10,000 NRSF CC Building to Add over 140K NOI

Deal Type

Portfolio

Price

TBD by Market

Pro Forma NOI

$1,651,830

Total NRSF
201,395 NRSF
Total # of Units
1,417
Status

Active

Engage With Us

100% of our firm’s time, effort, and energy are devoted to you and your goals as a seller. We guarantee that we will generate the highest price and best terms for your property that the market will bear at that moment in time.

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