Technical
Financial
Distress signals
Property profile

3154 Godfrey Ridge Dr Stroudsburg, PA 18360

FOR SALE
Land
Property ID
US73-3653569
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Property summary

AI-generated overview

This exceptional investment opportunity encompasses two distinct properties in Stroudsburg, Pennsylvania. The first parcel, a substantial 26.16-acre lot situated on Foxtown Hill Road, presents significant development potential. Its expansive size and location offer a multitude of possibilities for various commercial ventures, subject to local zoning regulations. The second property, located at 3154 Godfrey Ridge Drive, consists of a multi-family apartment complex. This existing structure provides immediate income generation potential, offering a blend of established revenue and future development prospects. The combined properties represent a unique chance to acquire a diverse portfolio in a desirable Pennsylvania location. The asking price for this combined portfolio is $2,900,000. The Godfrey Ridge Drive property is zoned R-1, indicating its suitability for residential uses. Both properties are being offered for sale by owner, providing a direct and streamlined transaction process. Detailed information regarding the specific zoning regulations and potential development options for both parcels is readily available upon request. This is a rare opportunity to acquire a significant land holding with existing income-producing assets in a growing market. Serious inquiries only.

Property profile

Verified
Property type Land
UPID US73-3653569

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Apartment Building

Location

3154 Godfrey Ridge Dr Stroudsburg, PA 18360
Stroudsburg metro
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Value estimations

Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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