Apartments For Sale • 7,343 SF
| Attractive In-Place Yield with Upside – Offered at an 9.04% current cap rate with a pro forma cap rate of 10.08%. |
| Stable Multifamily Asset – Five 2BR/2BA units generate consistent demand, benefiting from a diversified tenant base and manageable operational scale. |
| Strong Cash Flow Fundamentals – Current NOI of $67,812 with pro forma NOI projected at $75,599, 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 potential future flexibility. |
| Central Pennsylvania Location – Proximity to regional highways, employment hubs, and Harrisburg-area amenities. |
| 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: | 8 |
| Type: | Surface |
| Included in Rent: | Yes |