1 Airport Rd Shippensburg, PA 17257-9402

This exceptional Class A multifamily investment opportunity presents 48 units across four three-story buildings situated at 1 Airport Rd, Shippensburg, PA 17257. The property, known as Shippensburg Commons, is zoned for multi-family use and offers a compelling investment prospect in Cumberland County. The existing development comprises a well-maintained portfolio of single-family rental units, providing immediate cash flow. An attractive feature is the availability of a retail pad site, presenting significant potential for added revenue streams or strategic development. Furthermore, approved plans exist for the construction of up to four buildings, allowing for future expansion and increased profitability. The property's location in Shippensburg, Pennsylvania, offers convenient access to local amenities and transportation networks. This turnkey investment is ideal for experienced investors seeking a stable, high-performing asset with significant upside potential. The 48-unit portfolio provides a substantial scale for efficient management and strong returns. The approved plans for additional buildings represent a unique opportunity to further enhance the property's value and rental income. This is a rare chance to acquire a well-established multifamily property with significant expansion possibilities in a desirable Pennsylvania location. The combination of existing income and future development potential makes this a truly exceptional investment opportunity.