Olde Uptown Portfolio
Multifamily | 7.95% CAP | 53 Units
Marketing description
VRA Realty Commercial is pleased to present the Olde Uptown Portfolio - a rare opportunity to acquire a 53-Unit stabilized, income-producing portfolio of residential and multifamily investment properties in the sought-after Olde Uptown neighborhood of Harrisburg, Pennsylvania.
This portfolio offers investors immediate scale, consistent cash flow, in-place professional management, and meaningful value-add upside through lease-up and rental rate optimization - all available through a single transaction.
Located in one of Harrisburg's most desirable urban neighborhoods, these properties benefit from the city's stable government employment base anchored by state government, healthcare, and education - providing consistent rental demand and low long-term vacancy risk.
Investment highlights
- Scale at Once: Acquire 53 income-producing units across 35 properties in a single transaction - unprecedented portfolio scale in this submarket. All properties located within a 4 block radius.
- Stabilized Cash Flow: In-place management and tenants provide predictable, day-one income from closing.
- Value-Add Upside: Lease-up of vacant units and market-rate rent increases offer meaningful NOI growth potential.
- Prime Neighborhood: Located in Olde Uptown Harrisburg, one of the city's most desirable and improving urban neighborhoods.
- 1031 Exchange Ready: Ideal replacement property for investors completing a 1031 exchange.
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