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530 Gravel Pike
Collegeville, PA 19426

$2,850,000 USD

Apartments For Sale  •  10,580 SF

Property Details

  • Property Type Apartments
  • Total Building Size 10,580 SF
  • Lot Size 2.81 AC
  • Building Class C
  • Year Built 1940
  • Cap Rate 7.16 %
  • Zoning 1140 Apt: Conversion 5+
0 Transit Score
27 Walk Score

Highlights

12 unit Cluster of waterfront Cottages and Apartment with increasing rents to market levels
all 6 single homes completed renovated in 2023 w/ granite CTs,LVP, New HVAC
100% leased and frequently a waiting list for these highly desired units & location

Property Flyers

Financial Summary (Actual)

Net Operating Income: $204,129 USD (2025)
Cap Rate: 7.16 %
Total Expenses: $71,691 USD

Amenities

  • Air Conditioning
  • Courtyard
  • Dishwasher
  • Washer/Dryer
  • Waterfront
  • Heating
  • Gas Range
  • Smoke Free
  • Walking/Biking Trails
  • Kitchen
  • Granite Countertops
  • Refrigerator
  • Stainless Steel Appliances
  • Storage Space
  • Basement
  • Deck
  • Vinyl Flooring
  • Walk-Up

Public Transportation

AirportDriveWalkDistance
Philadelphia International 64 min - 38.7 mi
Lehigh Valley International 65 min - 42.0 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Bob Kline 610-804-9716 Bhhs Fox & Roach Wayne-devon
Bob Kline 610-804-9716 Bhhs Fox & Roach Wayne-devon