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Marketing Description
Price Reduced! Owner Financing Available! This property consists of 30 apartments and a vacant turn-key 15,000 SF restaurant with liquor license which provides a ton of value add once leased. There's also several offices which could be converted into additional apartments.
The residential units consists of 21 studios, 4 one bedroom units and 5 private rooms. All 30 units are fully occupied with a strong rental history. Gross income is over $319k/year.
There's 130+ parking spaces. Average daily traffic counts are approx 17,000 VPD, providing great visibility and prominent signage. Located in Lower Pottsgrove Twp with quick access to Routes 422 and 100. Call for more info.
Investment Highlights
- 15,000 SF Turk-Key Restaurant with Liquor License for Sale/Lease
- 30 Apartments/Rooms Fully Occupied with Strong Rental History
- 3 Banquet Rooms
- Heavy Traffic and Prominent Signage
- Great Views of Sanatoga Creek
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