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Stabilized Multifamily Portfolio with Mixed-Use
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1002 Bondsville Road, Downingtown, PA 19335

Portfolio of 11 stabilized income assets offering 75 total residential and commercial units with a meaningful government-backed payment component.

Property Size100,000 SF
Price / SF$127.50
Days on Market52

Property Features for 1002 Bondsville Road

General Information

Standard status Active
Size 100,000 SF
Property subtype Multifamily

Additional Details

Cap Rate 5.86%
Highway Access Yes
Multifamily Units 75
Listing Agency: Real Broker
Listed By: Beau McGettigan · License #AB069815
Source: Crexi
Added: Jun 16 Changed: Jul 10 Last Checked: Aug 5 at 8:32AM

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 Broker

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.

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 For Apartment 5plus

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $2.14M $21.36
− Vacancy −$164.5k −$1.64
EGI $1.97M $19.72
− OpEx −$887.2k −$8.87
NOI $1.08M $10.84
100,000 SF · lease $21.36/SF/yr · vacancy 7.70% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$15.49M
$13.55M – $18.07M (±1% cap)
NOI $1,084,340 @ 7.0% cap · market cap 8.50%
Second Best
no second resolved use
Theoretical Best
Office A
$30.32M
$26.53M – $35.37M (±1% cap)
NOI $2,122,330 @ 7.0% cap · market cap 16.65%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Restaurant Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

75
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

68
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022
4.6% 2023
5.3% 2024
5.6% 2025
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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 Road Downingtown, PA.
What is the asking price?
The asking price for this property is $12,750,000.
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
(215) 664-1091 Call to check price and availability
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