|Price/Rent PSF||$ 1,950,000.00|
This development project is strategically located just 1.5 miles from Cornell Universities Veterinary School. The site borders the Varna-Freeville Rail Trail and is a short commute to the main University Campus. The site sits just off of Dryden Rd and affords residents privacy from the main road. The bus route to Cornell has a stop directly across the street. Graduate Students at the Veterinary College have to wear a pager and if they are paged they have 15 minutes to report to Campus. It limits the areas that the students can live and this is a perfect location within minutes from the Veterinary College.
This shovel ready development opportunity is located just 1.5 Miles from Cornell Universities Veterinary Campus. This sale includes Final Site approval, construction bids, total privacy surrounded by Evergreens. This development is unique to Ithaca and Cornell as plans include spacious units with grages, front and back porches, private fence and yard, 2 1/2 baths per unit with spacious living and dining space. Projected Gross Operating Income $1,137,000 and projected Net Operating Income $824,167.