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5 Unit Multi-Family OR Short Term Rental Prop 1460 Pocono Ln 5 Unit Apartment Building $1,059,910 CAD ($211,982 CAD/Unit) 7.87% Cap Rate Bartonsville, PA 18321
Investment Highlights
- Zoning allows AirBnB / Short Term Rental
- 300+ Ft frontage on Pocono Creek
- 5 occupied Units
- Commercially Zoned
Executive Summary
This 5-unit property is a mix of 1 and 2-bedroom units spread over 3 Buildings. These cottages on the banks of the Pocono Creek provide a picturesque location in the heart of the Poconos. Conveniently located near shopping and attractions, yet secluded and tranquil. Commercial Zoning in Pocono Township allows for the rare opportunity for both traditional multi-family rental AND Short Term Rentals / Airbnb. The 300+ feet of frontage on the Pocono Creek and access to central sewer make this a unique opportunity to create a rental getaway. Currently leased as traditional rentals with a Gross income of $84,600/yr and NOI of $59,000/yr.
Property Facts
| Price | $1,059,910 CAD | Property Subtype | Apartment |
| Price Per Unit | $211,982 CAD | Building Class | C |
| Sale Type | Investment | Lot Size | 1.63 AC |
| Cap Rate | 7.87% | Building Size | 3,000 SF |
| No. Units | 5 | No. Stories | 1 |
| Property Type | Multifamily | Year Built | 1970 |
| Zoning | Commercial | ||
| Price | $1,059,910 CAD |
| Price Per Unit | $211,982 CAD |
| Sale Type | Investment |
| Cap Rate | 7.87% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | C |
| Lot Size | 1.63 AC |
| Building Size | 3,000 SF |
| No. Stories | 1 |
| Year Built | 1970 |
| Zoning | Commercial |
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Somewhat walkable
20/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 12.9.2.21 | Improvements Assessment | $149,861 CAD |
| Land Assessment | $56,934 CAD | Total Assessment | $206,795 CAD |
Property Taxes
Parcel Number
12.9.2.21
Land Assessment
$56,934 CAD
Improvements Assessment
$149,861 CAD
Total Assessment
$206,795 CAD
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5 Unit Multi-Family OR Short Term Rental Prop | 1460 Pocono Ln
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