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Scranton Multifamily Portfolio 5 Multifamily Properties Offered at $4,392,960 CAD in Scranton, PA
Investment Highlights
- Scaled 14-Unit Portfolio Across Seven Properties
- Stable Workforce Housing Demand
- Income Stability With Rent Growth Potential
- Geographic Diversification Within a Single Submarket
- Operational Efficiency Through Duplex Configuration
- Portfolio Acquisition Advantage
Executive Summary
Scope Commercial Real Estate is pleased to present The Scranton Multifamily Portfolio consists of seven (7) well-located residential assets totaling fourteen (14) units across established neighborhoods in Scranton, PA. The portfolio includes a mix of duplex-style properties positioned for stable rental income and long-term appreciation.
The properties are strategically distributed across Prospect Avenue, Harrison Avenue, Prescott Avenue, Webster Ave and E Elm Street, offering geographic diversification within a single submarket. Each asset benefits from strong local rental demand driven by healthcare, education, and regional employment centers.
This portfolio provides investors with the opportunity to acquire a stabilized small-bay multifamily collection with scale efficiencies and operational upside.
The properties are strategically distributed across Prospect Avenue, Harrison Avenue, Prescott Avenue, Webster Ave and E Elm Street, offering geographic diversification within a single submarket. Each asset benefits from strong local rental demand driven by healthcare, education, and regional employment centers.
This portfolio provides investors with the opportunity to acquire a stabilized small-bay multifamily collection with scale efficiencies and operational upside.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
| Price | $4,392,960 CAD | Number of Properties | 7 |
| Price / SF | $386.09 CAD / SF | Individually For Sale | 0 |
| Cap Rate | 7.75% | Total Building Size | 11,378 SF |
| Sale Type | Investment | Total Land Area | 0.54 AC |
| Status | Active |
| Price | $4,392,960 CAD |
| Price / SF | $386.09 CAD / SF |
| Cap Rate | 7.75% |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 7 |
| Individually For Sale | 0 |
| Total Building Size | 11,378 SF |
| Total Land Area | 0.54 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 119 Prospect Ave, Scranton, PA 18505 | Multifamily | 3,080 SF | 2023 | - |
| 702 E Elm St, Scranton, PA 18505 | Multifamily | 2,346 SF | 2025 | - |
| 627 Prescott Ave, Scranton, PA 18510 | Multifamily | 1,984 SF | 2024 | - |
| 629 Prescott Ave, Scranton, PA 18510 | Multifamily | 1,984 SF | 2024 | - |
| 525 Harrison Ave, Scranton, PA 18510 | Multifamily | 1,984 SF | 2024 | - |
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Scranton Multifamily Portfolio
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