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273 New Hancock St - Renovated Five-Unit Building in Wilkes-Barre 5 Unit Apartment Building Offered at $686,400 CAD at a 11.70% Cap Rate Wilkes Barre, PA 18702
Investment Highlights
- Financials are in LoopNet's Data Room but keep in-mind expenses, etc. are combined across two-properties & thirteen-units in this portfolio.
- Property has been renovated throughout.
- Mix of one, two, & three-bedroom apartments.
- Portfolio Sale! Individual sale, or can be purchase as a whole.
Executive Summary
Five-unit, multi-family property in Wilkes-Barre with recent renovations and stable in-place income. Four units are currently leased, with one unit that has a move-in on 4/1. The unit mix includes one, two, & three-bedroom apartments, with tenants paying their own utilities. This is a clean, straightforward asset offering existing cash flow with room to increase income. This property is part of a thirteen-unit portfolio and is available for purchase individually or as part of the full portfolio. Financials are in LoopNet's Data Room but keep in-mind expenses, etc are combined across two-properties & thirteen-units in this portfolio.
Data Room Click Here to Access
- Operating and Financials
Property Facts
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 3+2 | 1 | $2,037 CAD | 1,750 |
| 2+1 | 2 | $1,623 CAD | 860 |
| 1+1 | 2 | $1,390 CAD | 685 |
1 1
Moderately walkable
60/100
Very drivable
80/100
Fairly bikeable
40/100
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273 New Hancock St - Renovated Five-Unit Building in Wilkes-Barre
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