Chenango County Multifamily Portfolio

Situated in beautiful Central New York, this portfolio spans the towns of Norwich, Oxford, Sherburne and New Berlin, with the bulk of the properties being in Norwich. Demand is high for multifamily apartments among renters, with tenants seeking mid-range remodeled homes and access to yards. The town of Norwich sits 45 minutes west of Oneonta, and an hour north of Binghamton. The county is home to GE Aerospace, Kerry Bioscience, NBT Bank headquarters, healthcare facilities and hospitals, and other manufacturing/medical employers.Centrally-located Chenango County, New York, has 22 multifamily buildings for sale with a total of 46 units and 99 bedrooms! Many units are renovated and command top rents for the markets, while others would benefit from cosmetic improvement. All units have excellent rental history, with low vacancy for the portfolio overall and consistently performing tenants. This largely rural area benefits from a stable investment market, and is positioned to benefit from the established of Micron just north.