Apartments For Sale • 3,200 SF
| Attractive In-Place Yield with Upside – 8.44% cap rate with pro forma cap rate of 9.49%, below market rents and ability to push income. |
| Stable Multifamily Asset – Five 2BR/1BA units generate consistent demand, benefiting from a diversified tenant base. |
| Strong Cash Flow Fundamentals – Current NOI of $63,312 with pro forma NOI projected at $71,189, driven by rent growth and efficient expense structure. |
| Large Lot with Long-Term Flexibility – The 1.05-acre site provides excess land coverage, parking capacity, and future flexibility subject to zoning. |
| Location – Proximity to regional highways, employment hubs, and Harrisburg-area amenities supports tenant retention and long-term market stability. |
| Commuter Rail | Drive | Walk | Distance |
|---|---|---|---|
| Harrisburg (Keystone Service - Amtrak, Pennsylvanian - Amtrak) | 11 min | - | 5.8 mi |
| Middletown (Keystone Service - Amtrak) | 15 min | - | 7.7 mi |
| Airport | Drive | Walk | Distance |
| Harrisburg International | 14 min | - | 7.7 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 3 |
| Type: | AttachedGarage |
| Included in Rent: | Yes |