Campus Hill Apartments

55 East Main Street, Morrisville, NY 13408

Property Information

  • For Sale $2,250,000
  • Property Type Multi-Family
  • Property Size 46,488 SF
  • Units 55
  • Lot Size 12.77 Acre
  • Parking Spaces Avail. 150
  • Parking Ratio 3.23 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1981
  • Year Renovated 2023
  • Date Updated Oct 13, 2026

Description

Campus Hill Apartments is located at 55 East Main Street in the Village of Morrisville, directly across from SUNY Morrisville and within walking distance of the campus and village amenities. The property is approximately 39 road miles from Micron’s White Pine Commerce Park semiconductor site in Clay, broadening its potential renter base to include contractors, construction personnel and other regional workers in addition to students and conventional tenants. Micron’s long-term development program is expected to support sustained construction and employment activity across Central New York. Morrisville also provides access to Hamilton, Cazenovia, Oneida, Utica and the greater Syracuse market. This combination of college proximity, regional employment access and multiple housing-demand drivers strengthens the property’s long-term lease-up and repositioning potential.Campus Hill Apartments presents a large-scale multifamily repositioning opportunity with the flexibility to serve several distinct housing markets. The existing unit mix can support traditional apartment leasing, student housing and workforce housing, including demand associated with Micron’s long-term semiconductor development in Clay. An experienced operator can complete unit turns, restore occupancy and create a diversified housing platform serving SUNY Morrisville, regional employers and major construction activity throughout Central New York. The combination of existing residential scale, multiple leasing strategies and meaningful operational upside creates a compelling opportunity for renovation, professional management and lease-up.

Highlights

  • 2,568 ± SF four-bedroom Colonial with on-site leasing office
  • 20' x 20' unheated pole barn for additional storage
  • 40 minute drive to Micron
  • 54 apartment units totaling 105 bedrooms across 43,920 ± SF
  • Coin laundry facility located next to leasing office
  • Heated two-story workshop with dual garage bays
  • Key cardcontrolled parking lot for resident security
  • Less than 10% occupancy offering significant lease-up and value-add potential
  • Recent renovations and capital updates completed in many units
  • The 12.4+/- Acreage provides future expansion potential
  • Walking distance to SUNY Morrisville and village amenities

Contacts

Location

Located at 55 East Main Street, Morrisville, NY 13408, this property is part of the Morrisville neighborhood and Syracuse market.

Contact Listing Broker
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