995 Black Gap Rd Fayetteville, PA 17222-9783
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.