Stabilized Multifamily Portfolio with
For Sale
$1,950,000
1002 Bondsville Rd, Downingtown, PA 19335
Portfolio of 11 stabilized income assets offering 75 total residential and commercial units with a meaningful government-backed payment component.
Property Size7,891 SF
Price / SF$247.12
Days on Market141
Property Features for 1002 Bondsville Rd
General Information
Standard status
Active
Size
7,891 SF
Additional Details
Cap Rate
5.86%
Highway Access
Yes
Multifamily Units
75
Building Details
Year Built
1920
Listing Agency:
Real of Pennsylvania
Listed By:
Beau McGettigan · License #AB069815
(484) 459-7882
Source:
Kableteam
Added: Jun 17
Changed: Oct 26
Last Checked: Oct 5 at 8:09PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real of Pennsylvania
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The Chesco Portfolio is a stabilized collection of 11 multifamily and mixed-use assets totaling 75 residential and commercial income units throughout Chester County, Pennsylvania. The portfolio is presented with owner-provided financials through April 2026, including $93,496 in monthly gross rental income and $747,568 in trailing twelve-month Net Operating Income. Approximately 45% of the portfolio’s income stream is supported by Housing Authority of Chester County (HACC) and VA-backed rental assistance programs, with payments made directly to ownership.
The assets are concentrated in Coatesville, Downingtown, and Parkesburg. Residents are described as having convenient access to major employment centers, SEPTA Regional Rail, Amtrak service, Route 30, Route 202, and the greater Philadelphia metropolitan area.
For buyers and operators seeking a diversified, stabilized platform, the portfolio provides a mix of apartment, mixed-use, and residential rental product types under one ownership structure. The offering is marketed as providing immediate income and includes noted opportunities for rent growth initiatives and operational efficiencies, alongside future development optionality tied to approximately 5 acres at 600 Embreeville Road and an additional land parcel at 8 Paul Nelms Drive.
The assets are concentrated in Coatesville, Downingtown, and Parkesburg. Residents are described as having convenient access to major employment centers, SEPTA Regional Rail, Amtrak service, Route 30, Route 202, and the greater Philadelphia metropolitan area.
For buyers and operators seeking a diversified, stabilized platform, the portfolio provides a mix of apartment, mixed-use, and residential rental product types under one ownership structure. The offering is marketed as providing immediate income and includes noted opportunities for rent growth initiatives and operational efficiencies, alongside future development optionality tied to approximately 5 acres at 600 Embreeville Road and an additional land parcel at 8 Paul Nelms Drive.
Key Highlights
- Chesco Portfolio: 11 multifamily and mixed‑use assets totaling 75 total income units across Chester County, PA
- T‑12 performance: $93,496/month gross rental income and $747,568 trailing twelve‑month NOI (owner‑provided through April 2026)
- Financing terms: offered at $12,750,000 and marketed at a 5.86% cap rate based on T‑12 NOI
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$85,565
Cap Rate
4.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,711,300
$1.7M
Cap Rate 7%
$1,222,357
$1.2M
Cap Rate 9%
$950,722
$950.7K
Market Conditions
NOI Build-Up for 7,891 SF
Gross rent
$168.6K $21.36/SF
− Vacancy
−$13.0K −$1.64/SF
EGI
$155.6K $19.72/SF
− OpEx
−$70.0K −$8.87/SF
NOI
$85.6K $10.84/SF
Area
Chester County, PA
Vacancy
7.70%
Lease Rate
$21.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,711,300
Cap Rate 7%
$1,222,357
Cap Rate 9%
$950,722
Alternative Uses
Best Use
Apartment 5plus
$1.22M
$1.07M – $1.43M
NOI $85,565 @ 7.0% cap · market cap 4.39%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.39M
$2.09M – $2.79M
NOI $167,473 @ 7.0% cap · market cap 8.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
75
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
68
Businesses Nearby
Explore this area
Business Placement
Demographics for 19335, PA
52,406
Population
20,276
Households
2.6
Avg Household Size
40
Median Age
62%
College-Educated
98%
High-School Grad
43.3 sq mi
ZIP Area
1,210
Density / Sq Mi
$136,839
Median Household Income
$69,850
Median Earnings
$1,647
Median Rent
$464,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Portfolio of 11 stabilized income assets offering 75 total residential and commercial units with a meaningful government-backed payment component.
Where is this apartment building located?
The property is located at 1002 Bondsville Rd Downingtown, PA.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Chesco Portfolio: 11 multifamily and mixed‑use assets totaling 75 total income units across Chester County, PA; T‑12 performance: $93,496/month gross rental income and $747,568 trailing twelve‑month NOI (owner‑provided through April 2026); Financing terms: offered at $12,750,000 and marketed at a 5.86% cap rate based on T‑12 NOI
