Perkiomen Creek Village Investment
530 GRAVEL PIKE, Collegeville, PA 19426
Fully leased, renovated cottage homes and apartments on 2.81 acres.
Type:Commercial/Industrial
Lot size:
2.81 Acres- Added:
- May 7, 2025
- Days on Market:
- 390
- Last Refresh:
- May 29 at 2:09 am
Property Features for 530 GRAVEL PIKE
General Information
- Standard status
- Active
- Lot size
- 2.81 Acres
- Property subtype
- Commercial/Industrial
Building Details
- Year Built
- 1940
Listing agent Bob Kline License #AB060459L (610) 804-9716
Listing office BHHS Fox & Roach Wayne-Devon (610) 804-9716
Listing date May 7, 2025
Source Exitrealty
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 BHHS Fox & Roach Wayne-Devon
HighLights
- 100% Leased with a 7.4 CAP Rate in a highly desirable rental community.
- Six single homes fully renovated in 2023 with granite counters, stainless steel appliances, new cabinets, LVP flooring, and new HVAC with C/A.
- Private access to the Perkiomen Trail for walking and water activities.
- All units include essential appliances: Washer, Dryer, Dishwasher, Gas Range, and Refrigerator.
- Significant recent rent increases demonstrate potential for further income growth.
- Convenient location across from Perkiomen Valley High School with school bus pickup.
Overview
Perkiomen Creek Village is a community of cottage homes and apartments situated on 2.81 acres along the Perkiomen Creek. The property comprises 12 units within 8 buildings, including 6 single homes, a twin/duplex, and a 4-unit main house. The village is fully leased. The complex is located near the Perkiomen Trail and Perkiomen Valley Schools. All units are separately metered with 100 amp electric and gas heat and hot water, except for one unit with oil heat and four units with electric hot water. The 6 single homes were renovated in 2023 with granite counters, stainless steel appliances, new cabinets, LVP flooring, and new HVAC with central air. Both twin/duplex units were repainted, and LVP was installed in June 2025. All units include a washer, dryer, dishwasher, gas range, and refrigerator. The cottages, waterfront house, and twin/duplex have private basements, while the quad has a shared basement. The property uses public sewer and on-site well water. The rental community has private access to the Perkiomen Trail and is located across from PV High School, with school district bus pickup in front of the property. Many of the units are rented below market rents, with rent increases of over $20,000 per year having taken place in the last 6 months of 2025. These increases have set a precedent for rents within the community that should translate into additional increases in rent in 2026.
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Collegeville
- County
- Montgomery
- State
- Pennsylvania
- Longitude
- -75.45243
- Latitude
- 40.22123
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully leased, renovated cottage homes and apartments on 2.81 acres.
Where is this apartment building located?
The property is located at 530 GRAVEL PIKE Collegeville, PA.
What is the asking price?
The asking price for this property is $2,550,000.
What are key features of this property?
This property features: 100% Leased with a 7.4 CAP Rate in a highly desirable rental community.; Six single homes fully renovated in 2023 with granite counters, stainless steel appliances, new cabinets, LVP flooring, and new HVAC with C/A.; Private access to the Perkiomen Trail for walking and water activities.
