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Value add 13 unit Portfolio 1 Multifamily Properties Offered at $1,642,200 CAD in Lewisberry, PA
Investment Highlights
- 13 units over 3 properties
- Solid locations in Carlisle & Lewisberry
- Mix of 1 Bedroom & 2 Bedroom Units
- Comprised of (2) 4 unit buildings and (1) 5 unit building
Executive Summary
Great opportunity to acquire stabilized units with value add potential. Currently, 12 out of the 13 units are occupied, many with significantly long-term tenants.
The properties are made up of (5) 1 Bedroom units at 132-136 W. South St, Carlisle; (3) 1 bedroom & (1) 2 bedroom unit at 228. S. West St, Carlisle; and (4) 2 bedroom units at 768 Lewisberry Rd, Lewisberry.
Since most of these units have been occupied with long term tenants, many are in need of some improvement, and some Cap Ex is needed in some places. Long term owner is retiring. Sale is AS IS CONDITION.
The Lewisberry property is on a well and septic, and the Carlisle properties (only 1 block apart) are public utilities. All units have separate electric, with Lewisberry having separate water heaters.
The properties are made up of (5) 1 Bedroom units at 132-136 W. South St, Carlisle; (3) 1 bedroom & (1) 2 bedroom unit at 228. S. West St, Carlisle; and (4) 2 bedroom units at 768 Lewisberry Rd, Lewisberry.
Since most of these units have been occupied with long term tenants, many are in need of some improvement, and some Cap Ex is needed in some places. Long term owner is retiring. Sale is AS IS CONDITION.
The Lewisberry property is on a well and septic, and the Carlisle properties (only 1 block apart) are public utilities. All units have separate electric, with Lewisberry having separate water heaters.
Property Facts
| Price | $1,642,200 CAD | Number of Properties | 3 |
| Price / SF | $373.23 CAD / SF | Individually For Sale | 0 |
| Sale Type | Investment | Total Building Size | 4,400 SF |
| Status | Active |
| Price | $1,642,200 CAD |
| Price / SF | $373.23 CAD / SF |
| Sale Type | Investment |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 4,400 SF |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 768 Lewisberry Rd, Lewisberry, PA 17339 | Multifamily | 4,400 SF | 1789 | - |
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Value add 13 unit Portfolio
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