Forbus Hill Apartments — Sale in Poughkeepsie, NY
- Price: Contact for price
- Listing type: For sale
- Asset type: Multifamily Property
- Location: Poughkeepsie, NY 12601
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Description
Marcus & Millichap is pleased to present the opportunity to acquire Forbus Hill Apartments, a 69-unit, Class A garden-style multifamily community at 29-31 Forbus Street in Poughkeepsie, NY. Built in 1968 and comprising four two-story buildings totaling 50,096 square feet on 3.61 acres, the Property is 98.55% occupied with in-place rents 12.5% below market, pairing stabilized, durable cash flow with a clear mark-to-market and renovation runway. Investment Highlights: • Forbus Hill Apartments, a 69-unit, 50,096 SF Class A garden-style community at 31 Forbus Street in Poughkeepsie, NY. • 98.55% Occupied | Asset Class: C | Lot Size: 3.61 Acres • Located in Poughkeepsie, Dutchess County, the Forbus Hill Apartments are in close proximity to Metro-North Line & Amtrak offering great connectivity to Manhattan.
Market Context
This multifamily in Poughkeepsie, NY is listed for sale. Compare it against other multifamily listings for sale in Poughkeepsie, NY — view the full market.
Contact
- Seth Glasser
- Mike Fusco
- Matt Gault
- Scott Wasserberger
- Max Herzog · (212) 430-5165 · mherzog@ipausa.com
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