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    Specialty properties

    19130 Pa-954, Smicksburg, PA 16256

    4,028 SF 5.57 ac lot Built 1988
    Property ID
    Property summary
    AI-generated overview

    This exceptional investment opportunity presents a thriving retreat center nestled on 5.57 acres in Smicksburg, Pennsylvania. The property, asking $719,000, boasts a substantial net operating income (NOI) of $30,000. The main building, constructed in 1988, features 4,028 square feet across four buildings and two stories, including eight units. Recent renovations are extensive, encompassing new HVAC units, electrical and plumbing upgrades, new water tanks, a hot water tank, gas lines, siding, windows, doors, and fresh paint on the upper levels. The retreat center itself has also undergone significant improvements, including new bathrooms, kitchen appliances, doors, lighting, insulation, and a furnace replaced in 2020. Two Generac generators ensure reliable power. The property includes a spacious living area with hardwood floors, a renovated kitchen with butcher block countertops and an island, a large pantry, a dining area, living room, office, exercise room, five bedrooms, and three full bathrooms. A finished attic provides additional space, and a partially finished lower level offers a family room, kitchen area, utility room, and storage. An allotment of 300,000 cubic feet of free gas is included. The retreat center is currently booked solid through 2026, offering a consistent revenue stream. The property's versatility allows for continued operation as a retreat center, or potential expansion into other retail spaces. The occupancy date is October 28, 2024. This property offers a unique blend of country living and substantial income potential.

    Property profile
    Verified
    Property type Specialty properties
    Year built 1988
    Total area 4,028 SF
    Lot 5.57 ac (242,629 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
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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