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    OFF-MARKET
    Residential income homes

    147-152 High Pointe Dr, Hummelstown, PA 17036

    10,602 SF 1.08 ac lot Built 2023
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents six brand-new, Class A townhomes totaling 10,602 square feet on a 1.08-acre lot in Hummelstown, PA, zip code 17036. Located in the desirable High Pointe community, these properties are situated just two miles from Penn State Hershey Medical Center, offering unparalleled access to a strong rental market. The portfolio comprises three three-bedroom, 2.5-bathroom units and three two-bedroom, 2.5-bathroom units, each exceeding 1,700 square feet. Each unit boasts modern features including gourmet kitchens with stainless steel appliances and upgraded countertops, luxury vinyl plank flooring, private decks, and two-car garages. Tech-savvy amenities such as pre-wired high-speed internet and Ring doorbells cater to modern renters. The community provides added value with a fitness center, community room, and a courtyard with a gazebo. The HOA manages common area maintenance, snow removal, water, sewer, and trash, minimizing property management responsibilities. Built in 2023, these homes are currently vacant, presenting an immediate opportunity for rental income generation. The R3 zoning ensures compliance with residential use. The asking price is $2,250,000, with a price per unit of $375,000. This portfolio offers a compelling value-add investment in a prime location within the highly-rated Hershey School District, promising strong returns and low maintenance.

    Property profile
    Verified
    Property type Residential income homes
    Year built 2023
    Total area 10,602 SF
    Lot 1.08 ac (47,045 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
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    Zoning & alternative use
    Permitted uses
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