530 Gravel Pike Collegeville, PA 19426

Perkiomen Creek Village is a residential complex featuring cottage homes and apartments situated on 2.81 acres along the Perkiomen Creek. The property consists of 12 units within 8 buildings. The complex includes 6 single-family homes, a twin/duplex, and a 4-unit main house. All units are separately metered with 100 amp electric and gas heat and hot water, except for one unit with oil heat and four units with electric hot water. Each unit is equipped with a washer, dryer, dishwasher, gas range, and refrigerator. The cottages, waterfront house, and twin/duplex units have private basements, while the quad has a shared basement. The property utilizes public sewer and on-site well water. The 6 single homes were renovated in 2023 with granite counters, stainless steel appliances, new cabinets, LVP flooring, and new HVAC with central air. The twin/duplex units were repainted, and LVP flooring was installed in June 2025. Located across from Perkiomen Valley High School, the property offers convenient access to the Perkiomen Trail. The property is 100% leased and has a 7.16 CAP Rate. Many of the units are rented below market rents, with rent increases of over $20,000 per year having taken place in the last 6 months of 2025. These increases have set a precedent for rents within the community that should translate into increases of rents of $18,900 in 2026. The property size is 10,580 square feet.