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Property profile & analytics
OFF-MARKET Estimated value $980,000
Commercial real estate

995 Black Gap Rd Fayetteville, PA 17222-9783

17.53 ac lot
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US73-0742508
Property summary
AI-generated overview

This exceptional 6,473 sq ft multifamily property, situated on 16.15 acres in Fayetteville, PA, presents a unique investment opportunity. Built in 1987 with significant renovations in 2000 and 2023, this Class A property boasts three buildings, including a custom-built main residence featuring seven fireplaces, a gourmet kitchen with soapstone countertops and an ILVE range, five bedrooms each with unique character, and a finished basement complete with a movie theater and game room. Outdoor amenities include a pergola-shaded patio, brick walkways, an outdoor fireplace, a detached garage, and a large outbuilding. The property is zoned R-2 and offers significant potential as a short-term rental (Airbnb) and event venue, with a proven track record of success and current bookings. The property is fully furnished and turnkey, offering immediate income generation. Financial highlights include a current NOI of $85,500, a 5.72% cap rate, and a 46% occupancy rate. The property's location in Fayetteville, PA provides access to year-round attractions. A management company is available for continued short-term rental operation. This is a rare opportunity to acquire a high-performing investment property with significant upside potential in a desirable location. The property's combination of luxurious amenities, expansive grounds, and proven income stream makes it an attractive investment for both seasoned investors and those seeking a unique, high-yield property. The APN is 090C24.016.000000.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Lot 17.53 ac (763,607 SF)
APN 09-C24-16
UPID US73-0742508
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
AI Approach AI
$795k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$980k
Owner & transaction history
Joseph Neal Theis · 1 yrs held
Joseph Neal Theis
since 2025
Last sale
$1.2M
7 recorded transactions
2025
$1.2M
2024
Price N/A
2023
$860,000
2020
$606,000
2016
Price N/A
2013
$435,000
2013
$877
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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