Standardized Operating Procedure of Purchase

5-Unit Mixed-Use | 11% Cap Rate | Priced for Immediate Equity

Excellent opportunity to acquire a 5-unit mixed-use investment in Syracuse featuring 4 residential apartments and 1 commercial storefront. This asset is being offered at an 11% cap rate and is priced aggressively at $400,000 for a quick sale—despite a December appraisal of $540,000, creating $190,000 in instant equity!

Property Highlights:

5 total units: 4 residential + 1 commercial

Strong income profile with stable tenancy

Current Certificate of Compliance

Only 1 unit currently vacant

Vacant unit can be leased prior to closing if the buyer prefers a fully stabilized asset

Appraised at $540,000 (Dec.) – asking just $350,000

11% cap rate at offering price

Ideal for cash investors


This property is well-suited for investors seeking high yield, mixed-use diversification, and immediate upside through lease-up or long-term hold. Flexible closing options and lease-up coordination available.