Tenant-Occupied Residential Income
For Sale
$625,000
914 LAKEVIEW COURT #35 UPPER, King of Prussia, PA 19406
Leased condominium residence with three bedrooms, private outdoor spaces, and attached parking.
Property Size2,290 SF
Price / SF$272.93
Days on Market48
Property Features for 914 LAKEVIEW COURT #35 UPPER
General Information
Standard status
Active
Size
2,290 SF
Property subtype
Commercial
Occupancy
100%
Financials
Gross Income
$48,000
Average Monthly Rent
$4,000
Units
Unit Mix
1 x 3BR/2.5BA
Multifamily Units
1
Additional Details
Utilities to Site
Yes
Amenities
private rooftop terrace
in-unit laundry
Building Details
Year Built
2019
Tenancy
Single
Listing Agency:
RE/MAX Services
(215) 641-2500
Listed By:
Michael S Choplin · License #RS281080
(610) 291-3056
Source:
Cummingsrealtors
Added: Sep 19
Changed: Nov 5
Last Checked: Nov 4 at 2:51PM
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 RE/MAX Services
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Investment Insights
Based on property information with market context.
This tenant-occupied condominium residence at 914 Lakeview Court #35 is part of The Brownstones at Village at Valley Forge. The 2019-built home offers 2,290 finished square feet, including 2,144 square feet above grade, with three bedrooms, 2.5 baths, an open main living level, oversized kitchen island, stainless steel appliances, gas cooking, and large windows. The primary suite includes a private bath and balcony, while bedroom-level laundry, finished lower-level space, an attached garage, driveway parking, and a private rooftop terrace add functional and outdoor space.
The property is within walking distance of King of Prussia Town Center dining, shopping, fitness, and services. Wegmans, King of Prussia Mall, Valley Forge National Historical Park, and regional employment and highway connections are minutes away. The condominium fee covers common-area, exterior, and lawn maintenance, along with sewer, snow removal, trash, and water.
The property is within walking distance of King of Prussia Town Center dining, shopping, fitness, and services. Wegmans, King of Prussia Mall, Valley Forge National Historical Park, and regional employment and highway connections are minutes away. The condominium fee covers common-area, exterior, and lawn maintenance, along with sewer, snow removal, trash, and water.
Key Highlights
- 2,290 finished square feet, including 2,144 square feet above grade
- Three‑bedroom, 2.5‑bath condominium residence
- 2019 construction in The Brownstones at Village at Valley Forge
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,939
Cap Rate
4.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,780
$618.8K
Cap Rate 7%
$441,986
$442.0K
Cap Rate 9%
$343,767
$343.8K
Market Conditions
NOI Build-Up for 2,290 SF
Gross rent
$59.9K $26.16/SF
− Vacancy
−$3.7K −$1.60/SF
EGI
$56.3K $24.56/SF
− OpEx
−$25.3K −$11.05/SF
NOI
$30.9K $13.51/SF
Area
Montgomery County, PA
Vacancy
6.10%
Lease Rate
$26.16 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$618,780
Cap Rate 7%
$441,986
Cap Rate 9%
$343,767
Alternative Uses
Best Use
Apartment 5plus
$442.0K
$386.7K – $515.7K
NOI $30,939 @ 7.0% cap · market cap 4.95%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.32M
$1.15M – $1.54M
NOI $92,206 @ 7.0% cap · market cap 14.75%
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
1
Residential units
100%
Occupancy
Single-tenant
Tenancy
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,123
Businesses Nearby
Explore this area
Business Placement
Demographics for 19406, PA
28,553
Population
14,181
Households
2
Avg Household Size
38
Median Age
62%
College-Educated
97%
High-School Grad
13.4 sq mi
ZIP Area
2,131
Density / Sq Mi
$109,944
Median Household Income
$65,749
Median Earnings
$1,983
Median Rent
$393,600
Median Home Value
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Frequently Asked Questions
What type of property is this?
Residential income property - Leased condominium residence with three bedrooms, private outdoor spaces, and attached parking.
Where is this residential income property located?
The property is located at 914 LAKEVIEW COURT #35 UPPER King of Prussia, PA.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: 2,290 finished square feet, including 2,144 square feet above grade; Three‑bedroom, 2.5‑bath condominium residence; 2019 construction in The Brownstones at Village at Valley Forge
