Hamburg Value-Add Portfolio Hamburg | Orchard Park, New York

As exclusive agent, Cushman & Wakefield and Pyramid Brokerage Company are pleased to offer a 100% fee interest in the Lincoln Square, Washington Square, and Colonial Court (the “Portfolio”) for sale.

This sizable portfolio offering presents the opportunity to acquire 349 apartments across 3 communities in Hamburg, New York and the Orchard Park, NY, all of which are 1 & 2 Bedroom units. Located in Hamburg, NY, Lincoln Square consists of 183 units across 17 buildings, and Washington Square consists of 126 units across 7 buildings. Colonial Court, located in Orchard Park, NY, consists of 40 units across 5 buildings. 

Built throughout in the 1970’s, these communities can be updated with contemporary common areas and unit finishes. In fact, ownership has renovated 86 units (25% of total) to date providing new owners with a proof of concept and blueprint to implement and execute a renovation program. The current average rent is over 21% below market, allowing the new owner to increase rents and as a result value.  

Lincoln Square and Washington Square are both in Hamburg, which lies 10 miles south of downtown Buffalo. Colonial Court is in the town of Orchard Park, which is 5 miles south of downtown Buffalo. Ideally located, the properties offer residents access to numerous outdoor recreational activities as well as quick access to the region’s major economic hub. This offering appeals to a diverse group of residents, spanning across young families, professionals, and empty nesters who appreciate the serene, bucolic environment just a short drive from the urban hotspot of Downtown Buffalo.

Investment Highlights