Class A Property, No Value Add, Absolutely Best In Class

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5% Property Management (only our buyers)

Its official, our team has created a 5% property management solution and were pretty excited about it. We took the time to solve the 5 biggest issues with property management, which are:

1. Loss of control of the property.
2. Expensive maintenance. 
3. Poor Communication. 
4. Hidden Fees. 
5. Undecipherable Accounting and Record-Keeping.

There is a catch, we are ONLY providing this service to our current clients and future clients, respectfully stated, we do not want to be in the property management industry, we just want to provide the best service possible with an extra layer of client care 

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New Bethlehem 3 Units - Class A Property, No Value Add, Absolutely Best In Class

2706 Linden

3 Units, Fully Occupied, $54,600 Gross, $42,534 Net with a 6.87% Cap Rate at $619k Asking Price.  Current Rents are very low for this area and could easily be increased which will give you $61,200 Projected Gross, $49,134 Projected Net and a 7.93% Projected Cap Rate.  This meticulously maintained property has new granite countertops, new kitchen appliances & new carpeting.  The tenants pay all of the utilities including sewer & water.  It also has a massive 4 car garage that the owner is currently allowing the tenants to use for free which could be easily rented for additional income.  There is absolutely nothing to do with this property except collect the rents.  

 

 

  

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NEW Whitehall 7 Units - Class A Property, No Value Add, Absolutely Best In Class

2102 S Lehigh

7 Units, Fully Occupied, $79,800 Gross, $66,685.90 Net with a 7.95% Cap Rate at $838,600 Asking Price.  Very well maintained units this is truly a turn-key situation between the rents for the apartments & storage units you will be turning a profit day one.  

 

 

  

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NEW Northampton 4 Units - Class A Property, No Value Add, Absolutely Best In Class

1915 Main St

4 Units, Fully Occupied, $49,596 Gross, $39,678.58 Net with a 7.97% Cap Rate at $497,500 Asking Price.  Fantastic fully occupied, turn-key property.  You will be purchasing 4 great units within walking distance to the heart of Northampton and transportation stations.  This property also has the added rents, for storage units & coin laundry.

 

 

  

NEW 2 Units in Whitehall 1 Lot 2 Separate Houses

4122 Harrison 

$19,800 Gross $12,017 Net 8.9% Cap Rate at $135k Asking Price.  Fully occupied, turnkey, cash-flowing 2-unit multifamily. 1 lot 2 houses, rental units.  Current rents are $850 and $800 which is very low for the area and could easily be increased to $1,200 and $1,100 which will bring you to a 14.67% Cap Rate. One house is a 2 bedroom, 1 bath. The other is a 1 bed, 1 bath.

Easton 3 Unit Medical Office with Lehigh Valley Network Anchor Tenants

2001 Fairview, Easton, PA - $225,000 Gross with triple net leases equaling an 11.9% Cap Rate at $1.89MM Asking Price.  Prime location, across from Easton Hospital on .73 acres with 14,552 sq ft of rentable space. 2 units are currently rented to long term doctors at $16/SF with triple net leases covering significant expenses.  

15 Units (5 COMM & 10 RES) @ Traffic Light, Emmaus

Three buildings catty-corner together in Emmaus $189k Gross, $155,180 Net with a 9.4% Cap Rate at $1,650,000 Asking Price.  Fully occupied, long leases with low rents that can easily be increased to bring raise cap rate significantly.  Owner is highly motivated.  

PRIVATE SHOWING FOR PRE-QUALIFIED BUYERS, contact The Tejas Gosai Team below. 

175+ BED - Student Housing Kutztown, PA

Multi-address portfolio with 11 buildings, 175+ current students under leases into 2020 + 4 commercial spaces all 100% leased. Gross =  $1,312,227.25.  Net = $887,255.92 Cap Rate 8.78% at $10.1 MM Asking Price.
 

Laundromat Business & Building - Allentown

 Our Owner is selling his laundromat business for $650k with an 18% Cap Rate. This includes renting the building w/expenses for $6k a month. There is an option to buy the building as well for an additional $850k which would put your total investment at $1.5MM for both you will net $170k with an 11.3% Cap Rate. The owner only puts in 4 hours per week.  All machines take credit cards including soda & candy machines. He is also willing to stay for 3 months to train you.

Whitehall 2 Units

311 5th St

$20,400 Gross $15,409 Net  9.6% Cap Rate at $160k Asking Price.  This property comes with .37 acres which include a buildable lot.  The owner is highly motivated to bring offers.

OPEN HOUSE SUNDAY, AUGUST 18TH 11-1:30PM

 360 tour link: https://360mediapro.vr-360-tour.com/e/LDYBbAVQ-As/e?hide_nadir=true&hidelive=true

 
 
 
 

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Allentown 3 Units

106 N 13th St

$33k Gross, $27,545 Net with an 11.5% Cap Rate at $240k Asking Price w/Financing.  Fully occupied property with a clear CO. The owner needs to sell quickly and is looking for a 30-day quick close.

 
 

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Allentown 1 Unit

1339 Maumee

$18k Gross $15,700 Net  11.2% Cap Rate at $130k Asking Price.  4 bedrooms 1 bath home with plumbing in place for another bathroom on the 2nd floor.  The property also includes an adjacent corner lot. The owner is highly motivated and is looking for a 30-day quick close. 

 
 
 
 

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Easton 1 Unit

2650 John St

$19,800 Gross $14,200 Net 5.9% Cap Rate at $240k Asking Price.  Rents can easily be raised to $2k per month which will give you a 7.6% Cap Rate. Fully occupied, recently fully renovated. Motivated Seller.

OPEN HOUSE SUNDAY, AUGUST 18TH 2-4PM

Drone footage link:  https://www.youtube.com/watch?v=XXv6QNt8uEI&feature=youtu.be

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2 Units in Allentown

301 N 2nd St 

$14k NET 10% Cap Rate at $140k Asking Price.  Fully occupied, turnkey, cash-flowing 2-unit multifamily. 

 

 

3 Units in Easton

701 Wood Ave

$30k Gross $22k Net 9.7% Cap Rate at $225k Asking Price.  Fully occupied, turnkey, cash-flowing 3-unit multifamily. 

 

Exeter 1 Unit

1207 Deer Run

$16,800 Gross $13,300 Net 12.09% Cap Rate with only asking $1,400 per month in rent at $110k Asking Price 

3BR 1.5BA - 1,330 Sq ft. - Taxes $2700

Electric Heat - New HVAC - Newer Roof approx 4 years old.  Rents average $1400- $1650 - With a small amount of updating could easily get over $1650 in rent.
 
Owner motivated to sell.

Off-market medical office in the Philly Naval Yards.  It is 100% leased by 5 doctors who all PG'd the leases which all NNN and all have 10+ years remaining.  The building is 33k SF.  NOI is $995k Leases all have 3% annual increases.  Asking Price is $14.85M.

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Contact us:
www.thetgteam.com
Lauren Jung - 484.352.2748, 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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