Great opportunity to own 20 units with easy commuter access to I-84. Property is in excellent condition, many structural improvements done over time. Current owners have managed premises for 30 years. The 2025 cap rate is about 7% at the asking price of $140k per unit. Full rent rolls, income and expenses, and recent independent appraisal available upon request.
Holmes is located in New York. Holmes, New York has a population of 3,132. Holmes is more family-centric than the surrounding county with 45.73% of the households containing married families with children. The county average for households married with children is 29.92%.
The median household income in Holmes, New York is $123,784. The median household income for the surrounding county is $87,112 compared to the national median of $69,021. The median age of people living in Holmes is 49.5 years.
The average high temperature in July is 80.4 degrees, with an average low temperature in January of 15.1 degrees. The average rainfall is approximately 50.6 inches per year, with 50.8 inches of snow per year.