Apartment Building

Lenhartsville, PA Apartment Buildings for Sale

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Hamburg, PA Shoemakersville, PA Kempton, PA Kutztown, PA Bally, PA Fleetwood, PA Mohrsville, PA New Tripoli, PA
20-Unit Multifamily Investment Opportunity
Updated: Mar 29, 2024
20-Unit Multifamily Investment Opportunity

1563 Old U.S. 22, Lenhartsville, PA 19534

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13,801 sqft 9.99 AC lot
Over 10% Cap Rate based on current rents and occupancy.
20 Units on almost 10 acres across two parcels.
Fully Occupied Residential Units with Leases/Security Deposits in Place.
Attractive Mix of Unit Types: 2‑3BR, 2‑2BR, 11‑1BR/Efficiency.
New Roofs and Windows on Main Buildings and Commercial Garage.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Lenhartsville, PA, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

31-Unit Apartment Portfolio
31-Unit Apartment Portfolio

1259 N 10th St, Reading, PA 19604

$950,000
3,485 sqft

Three brick buildings offer residential units alongside a ground-floor commercial space in a unified Reading portfolio.

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Detached 7-Unit Apartment Building
Detached 7-Unit Apartment Building

145 SPRING VALLEY Road, Muhlenberg Township, PA 19605

$899,900
0.21 AC lot

Seven separately metered units feature individual combi systems and access to on-site parking.

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Furnished Student Housing Apartments
Furnished Student Housing Apartments

418 West Main Street, Kutztown, PA 19530

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19,304 sqft

Student-oriented housing portfolio within walking distance of Kutztown University.

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Five-Unit Apartment Building
Five-Unit Apartment Building

300 South 5th Street, Reading, PA 19602

$450,000

Mixed zoning, a two-car garage, and separately deeded rear parking add functional flexibility.

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Lenhartsville, PA Apartment Buildings Market Trends and Statistics

Explore 1 apartment buildings for sale in Lenhartsville, PA on our real estate platform. These investment opportunities span a total of 13,801 square feet of properties for sale.

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Demographics Overview

Population 1,983
Population Growth (5Y) +9.6%
Median Household Income $75,917
College Educated 46.4%

Taxes & Financing

Tax Rate (average for all types) 0.93%
Property Tax per SF $20.42 per SF
Tax Rate vs County Average 0.54 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Berks County

New Delisted

Total CRE Inventory on Market (SF)

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