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29054412
29054411

8946 Main St, McKean, PA 16426 For Sale

Middleboro Commons LLC
Listed by Middleboro Commons LLC
$5,500,000
186 days on market
Updated 23 days ago

Middleboro Commons

Details
Property Type Multifamily
Sub Type Apartment Building
Net Rentable (SqFt) 1,200
Units 34
Cap Rate 6.35%
NOI $349,161
Pro-Forma Cap Rate 6.87%
Pro-Forma NOI $377,945
Year Built 2016
Buildings 4
Stories 2
Acreage 2.000
Sale Condition For sale by owner

Cash Flowing Property with room for rental growth

Marketing description

  • Exceptionally low vacancy and consistent rent performance in a high-demand rental submarket.

  • Strong tenant retention and historically stable collections.

  • Desirable unit mix of 1BR and 2BR units appealing to workforce and long-term renters.

  • Turnkey operation with immediate cash flow and opportunity for significant rent growth.

  • Well-maintained assets with professional management in place.

Confidential Offering

A full Offering Memorandum (OM) - including rent roll, P&L, tax data, and detailed property photos is available upon receipt of a proof of funds.

Listing Contacts

Middleboro Commons LLC
Listed by Middleboro Commons LLC

Valuation Calculator

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Loan Amount
$0.00
Annual Debt Service
$--
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Annual Cash Flow
$349,161.00
$29,096.75/mo

Valuation Metrics

0
DSCR
6.35%
Cap Rate
6.35%
ROI

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Property History

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