Whats going on at 362-366 Arnet Blvd?

 (2)- 3 bedroom apartments renting for $800

(2) – 2 bedroom apartments renting for $600

(1) – 1 bedroom apartment renting for $400

We are potentially considering using some of the apartments as small office spaces and will rent them out for $400-700 per month.

Also 2 store fronts –

• The larger one will go for $1,400- 2,000
• The smaller one will go for $800- 1,200

This 7 Unit Mixed Use apartment building needs rehab but is VERY STRUCTURALLY SOUND. It has an all Maintenance Free Brick Exterior and a Solid Foundation. There are 5 apartments and 2 store fronts.

Whats new?

• * New Elect,
• * Plumbing,
• * New Furnaces,
• * New Roof,
• * New Walls,
• * New Flooring (ceramic, vinyl and carpet),
• * New Kitchens,
• * New Baths,
• * New Paint,
• * New Lighting Throughout.
  

The apartment can be easily converted and used as professional office spaces creating a higher cash flow with a more stable tenant base.

Cash Flow is Excellent expected,After Rehab, to be getting minimum $5,600+ Gross per month rents or $67,200 per year.

Property is on a high traffic Street and Corner providing very high demand for the commercial space below.

This Building is also a 5 minute drive to downtown Rochester which features Sahlen’s Soccer Stadium home of the Professional Sports Clubs:

• Men’s Major League Soccer Team “Rochester Rhinos” http://rhinossoccer.com/stadium/

• Women’s Major League Soccer Team “Western New York Flash” http://www.wnyflash.com/

• Men’s Major League Lacrosse team “RochesterRattlers” http://www.rochesterrattlers.com/

and…

Frontier Field – http://frontierfield.org/

Home of the Minor League Baseball team “Rochester Redwings”. These two stadiums attract 100’s of thousands of fans & 10’s of Millions of Dollars in revenue on an annual
basis. Rochester is planning to upgrade a number of the surrounding neighborhoods due to the high levels of revenue that the venues and the teams bring in for the city and county yearly.

.

This is expected to raise values and market rent for the area.

We will accept partnership offers with Full Rehab Cost & Management or Full Rehab Funding w/Current Owners Managing Rehab & Development.

All Prospective Partners must be willing to put down a minimum of $9,997 Good Faith Deposit With Start of Project.

This Property Is A Great Investment
In an Up & Coming Prime Neighborhood!

&

WE WILL SHARE IN UP TO 30% OWNERSHIP AND REVENUE OF BUILDING

WITH A NON-CREDIT BASED APPROVAL!!

Contact Us With Serious Inquiries By Phone or Text
585-743-9778

**The neighborhood is Rated a 7 (on a scale of 1-10, with 1 being worst and 10 Being Best).6, 7 & 8 neighborhoods are all neat, will provide you easy rent-ability, top market rent and great atmospheres for your tenants.