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34218707
34218704

Ridgeway Court, Perkasie, PA 18944

SA
PA RB022562A
Sanford Alderfer Real Estate
Listed by Sanford Alderfer Real Estate
$1,500,000
0 days on market
Updated 0 days ago

Ridgeway Court

Details
Property Type Multifamily
Sub Type Single Family Rental Portfolio, Apartment Building (+1)
Units 6
Occupancy 100%
Tenancy Multi
Year Built 1983
Buildings 2
Acreage 3.700
Zoning Residential
Investment Type Stabilized

6 Occupied Condominium Units Portfolio Sale

Marketing description

SEALED BID AUCTION. BIDS ARE DUE BY JULY 21st by 3:00 PM EST.

*Possibility of 2nd round of online bidding on July 22nd from 12 NOON - 1:00 PM EST

6 Occupied Condominium Units Portfolio Sale – Ridgeway Court, Perkasie, PA

  1. 6 Units located on a well-maintained campus consisting of 2 condominium buildings located on 3.7 acres
  2. Six 2 BR, 1.5 BA, 1,000 sq. ft. units
  3. 4 units located on the 2nd floor, 2 units on ground level

Rare opportunity to acquire a portfolio of six fully leased condominium units in the well-maintained Ridgeway Court community. This income-producing investment is being offered as a single portfolio sale through a sealed bid auction, providing immediate cash flow and long-term investment potential in desirable Bucks County.

Portfolio consists of six fully leased residential condominium units

Well-maintained campus consisting of two condominium buildings on approximately 3.7 acres

Each unit features 2 bedrooms and 1.5 bathrooms

Approximately 1,000 square feet of living space per unit

Private locked storage included with each unit

Four second-floor units and two ground-level units

Located in Perkasie Borough, Bucks County, Pennsylvania

Convenient access to local shopping, dining, schools, and major commuter routes

Investment Highlights

  • 100% occupied with established tenants
  • Strong Bucks County rental market
  • Stable, income-producing asset with immediate rental revenue
  • Portfolio acquisition offers operational efficiencies and simplified ownership
  • Low-maintenance condominium ownership structure

Preview: Wednesday, July 8th from 12 NOON - 1:00 PM EST

Sealed Bids due to Tranzon Alderfer by Tuesday, July 21, 2026 by 3:00 PM EST.

Visit www.tranzon.com/al26004 to download additional information just as Leases, Title commitments, Condominium HOA docs and more!

Investment highlights

  • 100% occupied with established tenants
  • Strong Bucks County rental market
  • Stable, income-producing asset with immediate rental revenue
  • Portfolio acquisition offers operational efficiencies and simplified ownership
  • Low-maintenance condominium ownership structure

Listing Contacts

SA
PA RB022562A
Sanford Alderfer Real Estate
Listed by Sanford Alderfer Real Estate

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Zoning

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R-1B ResidentialSingle FamilySingle Family Residential District
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Last updated Apr 2, 2026 For deeper zoning details, reports are available at Zoneomics

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Additional Information

Name
Sanford Alderfer
License
RB022562A
Brokerage Phone
2157231171
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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