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659 Broad St 21,178 SF Health Care Building Offered at $5,118,543 CAD at a 10.88% Cap Rate in Emmaus, PA 18049

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INVESTMENT HIGHLIGHTS

  • 28 Unit 55+ with all approvals.
  • Excellent Opportunity to own a 28 unit in the Lehigh Valley.
  • Centrally Located in a very Desirable area.

EXECUTIVE SUMMARY

Your next great investment is here. This 28-unit, 55+ apartment building is a fantastic opportunity for a savvy investor. The heavy lifting is done—all approvals are secured, and the property is set for its finishing touches. The existing crew and architectural designs are in place, making this a streamlined path to a high-yield property. Don't miss your chance to finish this amazing project. Call for a private showing and detailed information.

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

ANNUAL (CAD) ANNUAL PER SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

PROPERTY FACTS

Price $5,118,543 CAD
Price Per Bed $150,545 CAD
Sale Type Investment
Cap Rate 10.88%
Sale Condition Redevelopment Project
Property Type Health Care
Property Subtype
Assisted Living
  • Healthcare Congregate SeniorHousing
  • Healthcare Continuing Care Retirement Community
Building Class B
Lot Size 0.74 AC
Building Size 21,178 SF
No. Beds 34
No. Stories 3
Year Built/Renovated 1922/2025
Parking Ratio 1.42/1,000 SF
Zoning R-HO - R-Ho-High Density Residential

AMENITIES

  • Wheelchair Accessible

ROOM MIX INFORMATION

DESCRIPTION NO. BEDS
- 0
Walk Score®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
  • Listing ID: 37744838

  • Date on Market: 2025-09-19

  • Last Updated:

  • Address: 659 Broad St, Emmaus, PA 18049

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