2617-2629 Herr Street
Multifamily | 9.10% CAP
Marketing description
Nai cir is pleased to present the rare opportunity to acquire a high-performing cash-flow portfolio, located at 2617-2629 herr street, harrisburg, pa. the portfolio includes a daycare, church, duplex, triplex, single-family home, two (2) mobile homes, and one (1) flex/industrial space. This property offers a blend of residential, commercial, and specialty uses that drive strong occupancy and steady performance. Opportunity to significantly increase income by converting the six (6) bedroom, three (3) bath single-family home into a triplex, creating multiple new revenue streams on an already stabilized asset.
Positioned off herr street, the properties have access to the major highway's i-83 and i-81. Also alongside walnut and union deposit road making it accessible to other major businesses.
Strategically positioned off herr street, the properties Benefit from reliable tenant demand, central Connectivity, and access to major employment Corridors.
Investment highlights
- Twelve diverse income streams including a daycare, church, duplex, triplex, single-family home, two mobile homes, and flex space.
- Strong in-place cash flow producing a 9.1% cap rate with consistent occupancy and reliable tenant demand.
- Value-add opportunity to increase revenue by converting the 6-bed, 3-bath
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