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Hill Cafe & Glass Factory Portfolio 2 Multifamily Properties in Harrisburg, PA
Investment Highlights
- The two Properties are comprised of 58 total units offering boutique scale in an urban setting
- The portfolio is currently 96.6% leased, presenting a value-add opportunity through operational improvements and strategic renovations
- Each Property is situated in a dense urban core with excellent walkability and access to amenities
- Diverse unit mix – The Portfolio offers a mix of studio, one, two, and three bedroom units, catering to a broad tenant base
- Opportunity to enhance performance through selective interior upgrades to achieve top-of-market rents to drive NOI growth across the portfolio
- Attractive basis relative to replacement cost
Executive Summary
CBRE, Inc. is pleased to present the exclusive offering of The Hill Café and Glass Factory Portfolio (the “Portfolio” or “Properties”), a distinctive collection of two boutique
multifamily communities totaling 58 units and one commercial space, strategically located in the heart of Harrisburg, Pennsylvania.
multifamily communities totaling 58 units and one commercial space, strategically located in the heart of Harrisburg, Pennsylvania.
Property Facts
| Sale Type | Investment | Individually For Sale | 0 |
| Status | Active | Total Building Size | 40,500 SF |
| Number of Properties | 2 | Total Land Area | 0.81 AC |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 2 |
| Individually For Sale | 0 |
| Total Building Size | 40,500 SF |
| Total Land Area | 0.81 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Hill Cafe Apartments
1249-1255 Market St, Harrisburg, PA 17103 |
Multifamily | 20,500 SF | 1900 | - |
|
Glass Factory Building
1841 N 3rd St, Harrisburg, PA 17102 |
Multifamily | 20,000 SF | 1920 | - |
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Hill Cafe & Glass Factory Portfolio
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