Campus Hill Apartments

For Sale

55 East Main Street, Morrisville, NY 13408

This Morrisville property for sale is located at 55 East Main Street. The current listed sale price for Campus Hill Apartments is $5,000,000. Campus Hill Apartments is situated on a lot that is 12.77 acre in size.

Contacts

broker
Tom Lischak, CCIM

CENTURY 21 Bridgeway Commercial Realty

Property Details

  • Property Type Multi-Family
  • Property Size 46,488 SF
  • Units 55
  • Lot Size 12.77 Acre
  • Additional Rent Contact for pricing
  • Parking Spaces Avail. 150
  • Parking Ratio 3.23 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1981
  • Year Renovated 2020
  • Date Updated Aug 1, 2023
Morrisville is a village in Madison County, New York, United States. The population was 2,199 at the 2010 census. The village is named after its founder, Thomas Morris. The Village of Morrisville in the northwest part of the Town of Eaton on US Route 20. The subject property is located directly across from Morrisville State College in the village.Unique opportunity to acquire a Student Housing apartment complex within walking distance to Morrisville State College. This complex consists of 54 apartments and a four bedroom house with a leasing office and coin laundry facility on the main floor is also included with the sale. A total of 109 bedrooms. Beautiful setting on a total of 12.77 rolling acres. Located in the Village of Morrisville with easy access to stores and services. Many of the apartments have been fully renovated over the last five years. Tremendous upside potential for savvy buyer. With proper management this property has the ability to generate an excellent return on investment.
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Highlights

  • Student Housing Complex
  • 54 Apartment Units with a Total 105 Bedrooms over 43,920+/-sf
  • Plus a 2,568+/-sf, Four Bedroom Colonial With Leasing Office
  • Coin Laundry Facility Next to Leasing Office
  • Within Walking Distance to Morrisville State College
  • Substantial Recent Renovations and Updates
  • Key Card Gated Access to Parking Lot
  • Additional Acreage Included for Potential Expansion
  • Furniture Rental Income
  • Easy Access to Village Stores & Restaurants
  • Off-Season airbnb Potential
  • Summer Storage Income
  • Two Outbuildings on Site:
  • Heated Two-Story Workshop With Two Garage Bays
  • Unheated 20' x 20' Pole Barn Storage Building

Getting around

  • 27/100

    Walk Score ®

  • 37/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Morrisville, NY
  • Neighborhood Morrisville
  • Zip Code 13408
  • Market Syracuse

Points of Interest

  • Speedway

    0.06 miles

  • Big Blue's

    0.16 miles

  • The Shoppes at Johnny Appleseed

    6.41 miles

  • Gym Parking

    7.88 miles

  • Link Trail/Nature Trail Parking

    9.24 miles

  • Country Hearts Bed & Breakfast

    6.75 miles

  • Home Suite Home

    6.93 miles

  • Holcomb's Bed and Breakfast

    7.07 miles

  • Colgate Inn

    7.12 miles

  • The Timberlake House Bed and Breakfast

    7.22 miles

  • The Broad Street Suite

    7.33 miles

  • bridle creek bed and breakfast

    7.93 miles

  • Big M

    0.37 miles

  • Cobblestone Trading Company

    3.56 miles

  • Price Chopper

    6.06 miles

  • Big Lots

    6.66 miles

  • Parry's

    6.68 miles

  • Kountry Kupboard II

    8.92 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Tom Lischak, CCIM

CENTURY 21 Bridgeway Commercial Realty