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32378825
32378844

3 Locations

Capstone Commercial
Listed by Capstone Commercial
$1,200,000
28 days on market
Updated 21 days ago

Value Add 13 Unit Portfolio

Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 12,000
Units 13
Tenancy Multi
Buildings 3
Acreage 1.030
Zoning Residential
Investment Type Value Add

FOR SALE | 13 Unit Portfolio

Marketing description

Great opportunity to acquire stabilized units with value add potential. Currently, 12 out of the 13 units are occupied, many with significantly long-term tenants.

The properties are made up of (5) 1 Bedroom units at 132-136 W. South St, Carlisle; (3) 1 bedroom & (1) 2 bedroom unit at 228. S. West St, Carlisle; and (4) 2 bedroom units at 768 Lewisberry Rd, Lewisberry.

Since most of these units have been occupied with long term tenants, many are in need of some improvement, and some Cap Ex is needed in some places. Long term owner is retiring. Sale is AS IS CONDITION.

The Lewisberry property is on a well and septic, and the Carlisle properties (only 1 block apart) are public utilities. All units have separate electric, with Lewisberry having separate water heaters.

Investment highlights

13 units over 3 properties

Mix of 1 Bedroom & 2 Bedroom Units

Solid locations in Carlisle & Lewisberry

Comprised of (2) 4 unit buildings and (1) 5 unit building

Listing Contacts

Capstone Commercial
Listed by Capstone Commercial

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