Multifamily
Bella Terra Apartments
Bella Terra, 151 NY-32, New Paltz, NY 12561
Listing Price: $6,700,000
Investment Overview
Marcus & Millichap is pleased to present Bella Terra Apartments, a garden-style complex, located in New Paltz, New York. The property was originally an integral part of apple farming and was converted in 2004 into 33 apartments. The subject property is 1.2 miles from Main Street and 0.6 miles from the State University of New York at New Paltz. New Paltz is located in the bucolic and sought-after Hudson Valley approximately 80 miles north of Manhattan and is arguably best known around the world for its outdoor attractions, and for good reason. New Paltz offers a host of trail options for hikers & bicyclists, with some of the best views of the Hudson Valley. It has become a second home community for many residents of New York City.
Bella Terra Apartments
Investment Highlights
- Close Proximity to Shops and Retailers in Downtown New Paltz
- Within Walking Distance to SUNY New Paltz
- Attractive Unit Mix – 24 two bed, 8 three bed, 1 studio
- Ample Onsite Parking With Two Spots Per Unit
- Full Kitchen Appliances & In-Unit Laundry
- Recent Renovations to 7 of 33 Units
- Excess Land for Possible Additional Development
Listing Price: $6,700,000
Investment Highlights
- Close Proximity to Shops and Retailers in Downtown New Paltz
- Within Walking Distance to SUNY New Paltz
- Attractive Unit Mix – 24 two bed, 8 three bed, 1 studio
- Ample Onsite Parking With Two Spots Per Unit
- Full Kitchen Appliances & In-Unit Laundry
- Recent Renovations to 7 of 33 Units
- Excess Land for Possible Additional Development
Investment Overview
Marcus & Millichap is pleased to present Bella Terra Apartments, a garden-style complex, located in New Paltz, New York. The property was originally an integral part of apple farming and was converted in 2004 into 33 apartments. The subject property is 1.2 miles from Main Street and 0.6 miles from the State University of New York at New Paltz. New Paltz is located in the bucolic and sought-after Hudson Valley approximately 80 miles north of Manhattan and is arguably best known around the world for its outdoor attractions, and for good reason. New Paltz offers a host of trail options for hikers & bicyclists, with some of the best views of the Hudson Valley. It has become a second home community for many residents of New York City.
