Achieved Health Purchases Mixed Use Retail Center
Glenville, NY – March 19, 2015: Sunrise Realty Advisors, a local real estate firm specializing in residential, commercial and multifamily property, sold a mixed use strip center at 443 Saratoga Road in Glenville for $405,000. The property was purchased by one of the buildings tenants, Achieved Health & Fitness, LLC, who operate a fitness club in the building.
“This is our first venture into commercial real estate,” says Cheryl Valachovic who owns Achieved Health with her husband Timothy. “Our ten year anniversary is coming up and we decided we wanted to control our own destiny. We’re very excited and have lots of plans. ”
Prior to the sale of 443 Saratoga Road to Achieved Health, Sunrise Management & Consulting was contracted to manage the property by the Community Preservation Corporation on behalf of the State of New York Mortgage Agency (SONYMA).
“We love being a part of maintaining our community here in the Capital District,” says Jesse Holland, president and founder of Sunrise Management & Consulting.
Cheryl’s plans include an expansion of the gym which, depending on space, may include another classroom with additional class offerings and a circuit area. The new owners also plan on renovating and renting the six apartments upstairs. The site will continue to be occupied by all of its current tenants.
“We grew up here,” says Cheryl. “We’ve been in the community for 40 years so we wanted to invest in our hometown.”
About Sunrise Realty Advisors
Sunrise Realty Advisors is an independent real estate brokerage company specializing in residential, multifamily and commercial transactions throughout the New York Capital Region and beyond. Sunrise Realty Advisors focuses on serving the needs of all property investors, from individual home owners and investors in multifamily properties to the sale and leasing of commercial properties. We hold brokerage licenses in New York, New Jersey, Pennsylvania and Massachusetts. For more information, please visit www.sunrisera.com.
