New Batch - On and Off Markets (our best newsletter to date)

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(Off Mark) 4 - UNIT, 39K GROSS, 27.5K NET, 11%CAP @ $255K, .4 MILES to PPL CENTER [ID - TT308]

(Off Mark) 2 - UNIT, 24K GROSS, 15K NET, 12% CAP @ 135K, .5 MILES TO PPL CENTER [ID - TT423]

(Off Mark) 2205 Village Road, Orefield - Freshly Painted ALL BRICK, 4 UNIT Mixed Investment property in Allentown. $68K Gross, $46K Net, 10.5% Cap @ $440k Asking.  The 4 Unit property consists of the original Werley's store and 3 apts -  a 3 Bedroom, 2 Bedroom, and 1 Bedroom. w/14 car parking lot and a garage.  Massive units, VALUE ADD. 

(Off Mark) 2020 W Hamilton, Allentown, PA. STUDENT HOUSING - 40-UNITS, Class A RES/COMM/OFF, Projected 600K Gross, 460K NET INCOME, 13% CAP @ $3.45MM. 50,000 SF building CURRENTLY BEING RENOVATED.  Parking for 75 cars. .5 MILES from Muhlenburg College. 

(Off Mark) 3 - UNIT, 43K GROSS, 32.4K NET, 12% CAP @ 275K, .5 MILES TO PPL CENTER. [ID - TT1027]

Multiple Properties in Easton - 30-Unit Multi-Family in Easton Fully Occupied $120k Net asking 1.3M which will still bring you in at over a 10% Cap Rate at asking.  Pictures and financials available upon request.

713 Washington (on market)

3 Units in Easton, PA - ACTUAL FINANCIALS - $32,100K Gross - $24,375 Net Profit, close to 11% Cap Rate @ asking. CLEAN, turnkey, cash flowing, 3 unit, 3,300+SF multifamily in class A condition, with all preventative maintenance in place and all upgrades (Comes with clear CO). https://matrix.lvar-mls.com/matrix/shared/BLP8zLC2VYDd/713WashingtonStreet

709 Line Street (on market)

4 Units in Easton - 45,600k Gross, 37,184.29 Net Income, 11% Cap Rate @ asking. CLEAN turnkey, cash flowing, 4 unit 6000+SF multifamily asset in a pleasant neighborhood of Easton, PA. Massive potential with renovated units. ALL utilities separated INCLUDING WATER & SEWER. https://www.loopnet.com/Listing/709-Line-St-Easton-PA/15816821/

701 Northampton (on market)

5 Units in Easton, PA -$124,800K Gross, $99,840 Net Profit, 12% CAP @ Asking with 10% management/maintenance (projected). Owners purchased this iconic, all-brick Easton landmark in 2016 requiring a total gut & extreme reno. Owners invested 400K & 3 years to bring the building up to current code & CO the property, install gas lines, increase curb appeal with new sidewalks, repaint & repoint brick, new roof, redo exterior parking, etc. https://matrix.lvar-mls.com/matrix/shared/j3BBbjH3VYDd/701NorthamptonStreet

419 W 4th St (on market)

37,320K GROSS - 27,870K NET - 11.19% CAP @ Asking. Well maintained & updated 2900+SF, 3-UNIT INVESTMENT asset. 6BR detached house with 3 full BA that has separate electric and gas meters. https://matrix.lvar-mls.com/matrix/shared/RMCvp7x1VYDd/4194ThStreetW

Gas Stations: 
 

1. Gas Station - Unbranded gas station (BIZ) in Pottstown, PA.  $150k Net  35% Soft Cap at Asking Price of $425k.  All information and tax returns are available for a quick sale. 

2. PRICE DROP Gas Station - Valero Gas Station in Summit Hill, PA: PROFIT bearing with 1.7MM gross and 135k Net at 475K (down from 550k) asking with 28% Cap Rate. Award-winning VALERO franchise.  ALL financials are available upon request. 
 
 
Off-Market:
 

1.  5 Unit Walnut St Multi-Family in Reading, 120K Asking.  Fully Occupied with a 16% Cap Rate with $19K Net. Property ID 1013 

https://lehighvalleyoffmarket.com/properties-2/65-Commercial-Reading-Pennsylvania-13-7-Bedrooms-5-Bathrooms-USD120-000/

2. 7-Unit Catasauqua, Mixed Units (2res, 5com), in Catasauqua, PA 625K Asking: fully occupied, turnkey, multi-family/commercial investment property with a 63k gross, 50k net, 8% cap @ 625K asking. Property ID 1019

https://lehighvalleyoffmarket.com/properties-2/71-Commercial-Catasauqua-Pennsylvania-7-8-Bedrooms-7-Bathrooms-USD625-000/

3. 5-Unit Commercial Retail Plaza in Allentown, PA, 3.2MM Asking: Next to CVS (easement shared). 300K Gross, 200K NET, 90% occupancy, 6.25% Cap Rate.  Property ID 1020

https://lehighvalleyoffmarket.com/properties-2/72-Commercial-Allentown-Pennsylvania-6-5-Bedrooms-5-Bathrooms-USD3-200-000/

4. Conshohocken, PA, 4.2MM Asking: FULLY OCCUPIED and generating 378K Gross and 300K NOI  with a 7.1% Cap Rate @asking  Property ID 1025

https://lehighvalleyoffmarket.com/properties-2/77-Commercial-Conshohocken-Pennsylvania-7-1-Bedrooms-6-Bathrooms-USD4-200-000/

5.11 Units – Allentown – Fully Occupied – 9% Soft Cap – 7.08% Hard Cap – 93K Gross – 67K Net. Property ID 1017

https://lehighvalleyoffmarket.com/properties-2/69-Commercial-Allentown-Pennsylvania-9-Bedrooms-11-Bathrooms-USD950-000/

6. 5 UNIT APARTMENT BUILDING in Northampton, PA ~ $43.7K Gross $35.9K Net 9.5% Cap Rate at Asking Price of $375K Property ID 1031

https://lehighvalleyoffmarket.com/properties-2/83-Commercial-Northampton-Pennsylvania-9-Bedrooms-5-Bathrooms-USD389-000/

 

7. 5 Unit Commercial STRIP MALL in Easton Fully Occupied with a 7.69% Cap Rate at the Asking Price of $650K (package available after signing a confidentiality agreement)

 
 
 
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Contact us:
Lauren Jung - 484.515.4939, l.j@thetgteam.com
James Reardon - 484.866.2495, j.r@thetgteam.com
Office - 610.250.8905
Century 21 Keim Realtors
Suite J
2299 Brodhead Rd
Bethlehem, PA 18020
 

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