Listing Agency: Avison Young - Suburban Philadelphia

Listed By: Adam Gillespie · License #PA RS293296

Source: Crexi

Added: Apr 11 Changed: Aug 25 Last Checked: Sep 2 at 8:28PM

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Investment Insights

Based on property information with market context.

Butler Terrace is a townhome community comprising 22 units offered to qualified investors. The complex is currently 100% occupied and has been operating with a strong rental history. The offering is positioned as having stabilized performance, supported by low tenant turnover and tenant demand reflected in a waiting list for rollover units.

The property is located at 101 S Butler Ter Dr in Hazleton, Pennsylvania. It offers easy access to the surrounding areas, supporting tenant connectivity to nearby employment and services.

As presented, the current rental rates are described as over 10% below market, offering a potential path for future rental rate increases for a new owner.

Key Highlights

• Offering includes 22 townhomes in Hazleton, PA
• Property is currently 100% occupied
• Strong rental history reported for the complex

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Restaurant Law Firm Big Box & Wholesale Store Hair Salon Dental Office Spa & Massage Center

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

Location Intelligence

Trade Area within ½ mile

189

Businesses Nearby

Explore this area Business Placement

Demographics for 18202, PA

13,894

Population

6,036

Households

2.3

Avg Household Size

42

Median Age

21%

College-Educated

88%

High-School Grad

35.0 sq mi

ZIP Area

397

Density / Sq Mi

$55,517

Median Household Income

$35,330

Median Earnings

$1,029

Median Rent

$182,200

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Questions? Ask Rey

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What type of property is this? Where is this apartment buildings located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Apartment building - Portfolio of 22 townhomes is currently 100% occupied with a strong rental history.

Where is this apartment building located?

The property is located at 101 S Butler Ter Dr Pardeesville, PA.

What are key features of this property?

This property features: Offering includes 22 townhomes in Hazleton, PA; Property is currently 100% occupied; Strong rental history reported for the complex