Penn-York Valley Investment Portfolio

365 Broad St # 367, Waverly, NY 14892

Property Information

  • For Sale $7,140,000
  • Property Type Multi-Family
  • Property Size 65,432 SF
  • Units 89
  • Lot Size 13.91 Acre
  • Property Tenancy Multi-Tenant
  • Year Renovated 2025
  • Date Updated Aug 13, 2026

Description

Waverly, New York is positioned as a central distribution hub connecting northern Pennsylvania to Central New York and beyond. The Penn-York Valley sits at the crossroads of I-86/NY-17 running through the Twin Tiers, NY-34 routing up to the Finger Lakes region, and US 220 into the heart of Pennsylvania. This bi-state community is home to well-established manufacturing and distribution players including Leprino Foods, CVS Health Distribution, Midwestern Pet Foods, Advanced Drainage Systems and Bimbo Bakeries, all hiring in 2026. Robert Packer Sayre hospital (Guthrie) is a staple in the Penn-York Valley and beyond, offering tertiary care and a level 1 trauma center. Guthrie has a network of 970 physicians and clocks 1.9 million patient visits annually throughout the region. Lockheed Martin and other drivers in nearby towns like Owego, Elmira, and Corning contribute to the stability of the econony and need for desirable housing throughout the Valley.Stake your claim in the Penn-York Valley, a central hub of manufacturing and distribution for both New York and Pennsylvania. This bi-state community is home to multiple employment drivers including Leprino Foods, a major CVS distribution facility, Guthrie and Robert Packer Hospital, and more. This portfolio is comprised of primarily multifamily properties, but also includes mixed-use commercial, restaurants, retail spaces, and warehouse/industrial. Many units have been recently renovated, but there's plenty of value-add opportunity remaining. 59 units are directly located in Waverly, NY, and 30 more are in Apalachin, including 20 storage units. If you've been seeking a diverse and recession-resistant investment portfolio, this is one you don't want to miss.

Highlights

  • Actual gross income $784,272
  • Fully-occupied
  • NOI $571,373 including management, maintenance and vacancy and all expenses
  • Reliable location driven by workforce housing demand
  • Some properties fully renovated, others have value-add opportunity
  • Stable manufacturing and medical-based economy

Contacts

Location

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