Current Use by Public Records
- Commercial real estate
Property Details for 0 Pacific Ave
- Year built
- 9999
- Property type
- Commercial real estate
Description
This exceptional 33-unit multifamily property in Milroy, Pennsylvania, presents a compelling investment opportunity. Located on Pacific Avenue in Mifflin County (APN 12-05-0103-000), this complex offers a blend of existing and new construction. Sixteen units, recently completed, are fully rented with strong, reliable tenants generating immediate income. The remaining seventeen units are currently under construction, boasting modern features including walk-in showers in master bathrooms and granite countertops throughout. All units include stainless steel appliances. The development, known as Shalamar Gardens, is part of a larger residential housing project in Armagh Township, featuring dedicated roadways and utility infrastructure. A homeowners association will maintain the stormwater management facilities post-completion. The property's desirable location, combined with its proximity to State College and scenic views, makes it an attractive investment prospect with significant potential for future growth and strong rental demand. The property's convenient access via Hill Street in Milroy adds to its appeal. This is a rare chance to acquire a well-positioned multifamily asset with a mix of established income and future development potential.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Reedsville
- County
- Mifflin
- State
- Pennsylvania
- Longitude
- -77.5872
- Latitude
- 40.7046
