110 HANOVER STREET, New Oxford, PA 17350

Building Details

Year Built 1973 More

Buildings 1 More

Listing Agency: RSR, REALTORS, LLC Show Phone

Listed By: WILLIAM F. ROTHMAN · License PA RM419298 Show Phone

Source: Cummingsrealtors

Added: Nov 9 Changed: Nov 12 Last Checked: Nov 12 at 2:26PM

Report an Issue

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 RSR, REALTORS, LLC

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 10-unit apartment building contains 9,084 square feet and was built in 1973. It is located near a large food-processing business, with a walkable connection between the property and that workplace.

Key Highlights

• 10‑unit apartment building
• 9,084 square feet
• Built in 1973

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$38,486

Cap Rate

3.50%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$769,720 $769.7K

Cap Rate 7%

$549,800 $549.8K

Cap Rate 9%

$427,622 $427.6K

Is this asking price fair?

Market Conditions

NOI Build-Up for 9,084 SF

Gross rent

$74.1K $8.16/SF

− Vacancy

−$4.2K −$0.46/SF

EGI

$70.0K $7.70/SF

− OpEx

−$31.5K −$3.47/SF

NOI

$38.5K $4.24/SF

Area

Adams County, PA

Vacancy

5.60%

Lease Rate

$8.16 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$769,720

Cap Rate 7%

$549,800

Cap Rate 9%

$427,622

Alternative Uses

Best Use

Apartment 5plus

$549.8K

$481.1K – $641.4K (±1% cap)

NOI $38,486 @ 7.0% cap · market cap 3.50%

Second Best

—

—

no second resolved use

Theoretical Best

Specialty Retail

$1.67M

$1.46M – $1.95M (±1% cap)

NOI $117,115 @ 7.0% cap · market cap 10.65%

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

10

Residential units

Location Intelligence

Trade Area within ½ mile

333

Businesses Nearby

Explore this area Business Placement

Demographics for 17350, PA

13,391

Population

5,600

Households

2.4

Avg Household Size

44

Median Age

21%

College-Educated

87%

High-School Grad

44.3 sq mi

ZIP Area

302

Density / Sq Mi

$78,976

Median Household Income

$41,797

Median Earnings

$1,237

Median Rent

$234,600

Median Home Value

Market

Vacancy Rate% for Multifamily in Northeast region

4% 2022

4.6% 2023

5.3% 2024

5.6% 2025

Similar For Sale Nearby

See more

5-Unit Apartment Building

1099 IRISHTOWN Road, New Oxford, PA 17350

$950,000

4,050 SF

View details

Mixed-Use Property with Office Studio

11 LINCOLN WAY E, New Oxford, PA 17350

$279,900

2,268 SF

View details

Brick Storefront with Display Windows

426 LINCOLNWAY W, New Oxford, PA 17350

$250,000

0.22 Acres

View details

Frequently Asked Questions

What type of property is this?

Apartment building - A walkable location near a large food-processing business supports convenient access to nearby employment.

Where is this apartment building located?

The property is located at 110 HANOVER STREET New Oxford, PA.

What is the asking price?

The asking price for this property is $1,100,000.

What are key features of this property?

This property features: 10‑unit apartment building; 9,084 square feet; Built in 1973