Multifamily and Medical Office
388 Airport Rd Hazleton, PA 18202
388 Airport Rd, Hazleton, PA, 18202
Contact for pricing
For Sale
Contact for pricing
Pending
Diversified portfolio includes 22 townhomes, two multi-tenant office buildings, and a single-tenant cancer treatment center, all fully occupied.
Days on Market104
Property Features for 388 Airport Rd
General Information
- Standard status
- Pending
- Property subtype
- Mixed Use, Multifamily, Office
Listing agency
Avison Young - Suburban Philadelphia
Listed by
Adam Gillespie · License #PA RS293296
Source
Crexi
Added: Apr 11 Updated: Jul 23 at 4:45AM Checked: Jul 23 at 4:45AM
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 for-sale diversified portfolio consists of 22 townhomes, two multi-tenant office buildings, and one single-tenant cancer treatment center. The offering totals 23,830 square feet of medical office and office space, and all four properties are currently 100% occupied with a strong rental history.
The office properties are located within two miles of I-81, and the Butler Terrace Townhomes are approximately five miles from I-81 with an easy 10-minute drive. The office portion reflects a weighted average tenant tenure of 8.24 years.
The remarks indicate tenant demand and low tenant turnover, including a tenant waiting list for rollover units at Butler Terrace. The portfolio’s Butler Terrace rents are described as currently over 10% below market.
The office properties are located within two miles of I-81, and the Butler Terrace Townhomes are approximately five miles from I-81 with an easy 10-minute drive. The office portion reflects a weighted average tenant tenure of 8.24 years.
The remarks indicate tenant demand and low tenant turnover, including a tenant waiting list for rollover units at Butler Terrace. The portfolio’s Butler Terrace rents are described as currently over 10% below market.
Key Highlights
- Diversified medical office/office portfolio totals 23,830 SF: 22 townhomes, two multi‑tenant office buildings, and one single‑tenant cancer treatment center
- All four properties are currently 100% occupied with a strong rental history
- Three office properties are each within 2 miles of I‑81 for convenient access
Property Analytics
Location Intelligence
Current Use by Public Records
Office buildings
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FAQs
What type of property is this?
Apartment building - Diversified portfolio includes 22 townhomes, two multi-tenant office buildings, and a single-tenant cancer treatment center, all fully occupied.
Where is this apartment building located?
The property is located at 388 Airport Rd Hazleton, PA.
What are key features of this property?
This property features: Diversified medical office/office portfolio totals 23,830 SF: 22 townhomes, two multi‑tenant office buildings, and one single‑tenant cancer treatment center; All four properties are currently 100% occupied with a strong rental history; Three office properties are each within 2 miles of I‑81 for convenient access
