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100 3rd St
Renovo, PA 17764

$850,000 USD

Apartments For Sale  •  31,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 31,000 SF
  • Lot Size 0.32 AC
  • Building Class C
  • Year Built 1910
  • Zoning C-4
0 Transit Score
30 Walk Score

Highlights

Rent Increment: Following the proposed renovations, we project the feasibility to upscale rents to $600/month per unit.
Coin Laundry Initiative: Strategically, we plan to inaugurate a coin laundry facility in the basement.
Restaurant & Bar Lease: An exciting feature of our hotel is the restaurant space, inclusive of a bar.
Asset Appreciation: The envisaged renovations, combined with the diversified revenue sources, are poised to enhance immediate cash flow.
Revenue Diversity: With the addition of coin laundry and the stable income from the NNN restaurant & bar lease.
Strategic Market Positioning: Post-renovations, Yesterday's Hotel will be distinctively positioned, catering to upscale clientele.

Amenities

  • Air Conditioning
  • Kitchen
  • Refrigerator
  • Oven
  • Tub/Shower
Mohamed Khan 310-409-7225 Mohamed Khan
Mohamed Khan 310-409-7225 Mohamed Khan