Two-Property Apartment
For Sale
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155 Franklin Ct, Bloomsburg, PA 17815
Two apartment properties total 40 units with 97.5% occupancy and in-unit washer/dryer hookups.
Property Size61,420 SF
Days on Market204
Property Features for 155 Franklin Ct
General Information
Standard status
Active
Size
61,420 SF
Class
B
Total Parking Spaces
68
Property subtype
Multifamily
Occupancy
97%
Investment Type
Value Add
Building Details
Year Built
1999
Buildings
4
Stories
2
Units
40
Listing Agency:
Avison Young - Suburban Philadelphia
Listed By:
Adam Gillespie · License #PA RS293296
Source:
Crexi
Added: Feb 13
Changed: Aug 25
Last Checked: Sep 1 at 3:56AM
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 Avison Young - Suburban Philadelphia
Investment Insights
Based on property information with market context.
This two-property apartment portfolio totals 40 units, with 24 units at Bloomsburg Court and 16 units at Mifflin Court. The buildings were constructed between 1999 and 2001 by the Yoder Group and have been professionally managed since, with an overall occupancy rate reported at 97.5%. Both properties are described as having strong rental histories.
Mifflin Court is noted to maintain a waiting list for first-floor units. The portfolio is also positioned for demand, with the remarks citing proximity to universities and major employers.
Unit features include washer/dryer hookups (tenants provide their own units), along with a refrigerator, dishwasher, garbage disposal, and electric stove. Both properties have separately metered gas and electric services paid by tenants, while the landlord covers water, sewer, and trash. The portfolio includes 16 garages at Bloomsburg Court and eight garages at Mifflin Court; Bloomsburg Court garages are noted as not currently generating additional revenue. The remarks also report current in-place rents approximately 17% below market at Bloomsburg Court and 22% below market at Mifflin Court.
Mifflin Court is noted to maintain a waiting list for first-floor units. The portfolio is also positioned for demand, with the remarks citing proximity to universities and major employers.
Unit features include washer/dryer hookups (tenants provide their own units), along with a refrigerator, dishwasher, garbage disposal, and electric stove. Both properties have separately metered gas and electric services paid by tenants, while the landlord covers water, sewer, and trash. The portfolio includes 16 garages at Bloomsburg Court and eight garages at Mifflin Court; Bloomsburg Court garages are noted as not currently generating additional revenue. The remarks also report current in-place rents approximately 17% below market at Bloomsburg Court and 22% below market at Mifflin Court.
Key Highlights
- Two‑property I‑80 Corridor apartment portfolio with 40 total units: 24 at Bloomsburg Court and 16 at Mifflin Court
- 97.5% overall occupancy with professional management and strong rental history
- In‑place rents are approximately 17% below market at Bloomsburg Court and 22% below market at Mifflin Court
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
740
Businesses Nearby
Explore this area
Business Placement
Demographics for 17815, PA
28,936
Population
12,661
Households
2.3
Avg Household Size
36
Median Age
32%
College-Educated
93%
High-School Grad
125.7 sq mi
ZIP Area
230
Density / Sq Mi
$66,145
Median Household Income
$36,695
Median Earnings
$968
Median Rent
$216,700
Median Home Value
Market
Vacancy Rate% for Multifamily in Northeast region
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Frequently Asked Questions
What type of property is this?
Apartment building - Two apartment properties total 40 units with 97.5% occupancy and in-unit washer/dryer hookups.
Where is this apartment building located?
The property is located at 155 Franklin Ct Bloomsburg, PA.
What are key features of this property?
This property features: Two‑property I‑80 Corridor apartment portfolio with 40 total units: 24 at Bloomsburg Court and 16 at Mifflin Court; 97.5% overall occupancy with professional management and strong rental history; In‑place rents are approximately 17% below market at Bloomsburg Court and 22% below market at Mifflin Court
