995 Black Gap Rd, Fayetteville, PA 17222-9783
- Commercial real estate
- 17.53 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 995 Black Gap Rd
- Lot size
- 17.53 lot acres
- Property type
- Commercial real estate
- APN
- 09-C24-16
- APU
- 09C2416
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jul 15, 2025 | $1,200,000 | Joseph Neal Theis | Kzk Enterprise LLC | Deed | — |
| Apr 12, 2024 | — | Kzk Enterprise LLC | — | Deed · related | $856k · Woodsboro Bank |
| Jan 9, 2023 | $860,000 | Kzk Enterprise LLC | Aaron M Sousa | Deed | — |
| Oct 13, 2020 | $606,000 | Aaron M Sousa | R Dana Hammersley | Deed | $406k · Prosperity Home Mortgage LLC |
| Dec 8, 2016 | — | R Dana Hammersley | — | Deed · related | $425k · Orrstown Bk |
| Jun 4, 2013 | $435,000 | R Dana Hammersley | Orrstown Bk | Grant Deed | $348k · Orrstown Bank |
| Feb 5, 2013 | $877 | Orrstown Bk | Sheriff Of County Of Franklin | Trustees Deed · related | — |
| Nov 23, 2011 | $872 | Manufacturers & Trustaders Trust Co | Sheriff Of County Of Franklin | Grant Deed · related | — |
| Jul 12, 2011 | $596 | Orrstown Bk | Sheriff Of County Of Franklin | Trustees Deed · related | — |
| — | — | R Dana Hammersley | — | Deed Of Trust · related | $425k · Orrstown Bk |
Description
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.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $725,000
- ML approach
- $795,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Fayetteville
- County
- Franklin
- State
- Pennsylvania
- Longitude
- -77.5347
- Latitude
- 39.9222
- CBSA code
- 16540
- CBSA name
- CHAMBERSBURG, PA MICROPOLITAN STATISTICAL AREA
