63-Unit Mixed-Tenancy Apartment
239 E Boundary Ave, York, PA 17403
For Sale
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Two buildings combine student suites leased by the bed with market-rate apartments rented by the unit.
Property Size111,016 SF
Lot Size1.78 Acres
Price / SF$65.31
Days on Market15
Property Features for 239 E Boundary Ave
General Information
Standard status
Size
Lot size
Property subtype
Occupancy
Site & Location
Highway Access
Road Access
Additional Details
Sprinkler System
Multifamily Units
Tenant in Place
Building Details
Year Built
Year Renovated
Buildings
Construction
Tenancy
Listing Agency:
Horvath & Tremblay
Listed By:
Fahd Malik · License PA RS310414
Source:
Crexi
Added: Oct 27
Changed: Nov 10
Last Checked: Nov 10 at 6:22AM
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 Horvath & Tremblay
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Investment Insights
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This 63-unit York property consists of two apartment buildings with distinct rental formats. The 41-unit student housing building contains 135 beds in shared two-, three- and four-bedroom suites; the 22-unit residential building offers one-bedroom, two-bedroom and two-bedroom loft apartments. Together, the buildings contain approximately 111,016 square feet of gross building area and 75,968 square feet of gross living area on approximately 1.78 acres. Built in 1960 and renovated in 2013, both structures have brick exteriors, concrete foundations, flat rubber roofs, central HVAC with electric heat pumps and sprinkler systems. Blended occupancy is 54.1%; the unit-leased building is 86.4% occupied, while the bed-leased building is 48.9% occupied.
At 239 E Boundary Ave and 515 Wilson Ct in York, the property is near South George Street and East Boundary Avenue, with access to Interstate 83 and U.S. Route 30. The location also provides access to York’s downtown business district, the South George Street corridor and nearby residential neighborhoods.
At 239 E Boundary Ave and 515 Wilson Ct in York, the property is near South George Street and East Boundary Avenue, with access to Interstate 83 and U.S. Route 30. The location also provides access to York’s downtown business district, the South George Street corridor and nearby residential neighborhoods.
Key Highlights
- 63 units across two buildings, including 41 student units and 22 market‑rate apartments
- Student building offers 135 beds in two-, three- and four‑bedroom shared suites
- Approximately 111,016 square feet of gross building area on 1.78 acres
Property Analytics
Who owns this building?
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Lease Details
63
Residential units
54.1%
Occupancy
Multi-tenant
Tenancy
Yes
Sprinkler system
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
1,994
Businesses Nearby
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Business Placement
Demographics for 17403, PA
40,344
Population
16,490
Households
2.4
Avg Household Size
37
Median Age
32%
College-Educated
89%
High-School Grad
20.6 sq mi
ZIP Area
1,958
Density / Sq Mi
$72,233
Median Household Income
$38,105
Median Earnings
$1,072
Median Rent
$206,900
Median Home Value
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Market
Average Price Trend$/SF for Apartment buildings in York County, PA
Properties on Market for Apartment buildings in York County
Vacancy Rate% for Multifamily in Northeast region
Frequently Asked Questions
What type of property is this?
Apartment building - Two buildings combine student suites leased by the bed with market-rate apartments rented by the unit.
Where is this apartment building located?
The property is located at 239 E Boundary Ave York, PA.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: 63 units across two buildings, including 41 student units and 22 market‑rate apartments; Student building offers 135 beds in two-, three- and four‑bedroom shared suites; Approximately 111,016 square feet of gross building area on 1.78 acres
