16.5MM Philadelphia Main Line Offering Plus New Multi-Family Inventory!

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840 E Lancaster Ave

$1.3MM GROSS, $1.04MM NET, 6% CAP. Offering 2 "CLASS A" retail/office buildings totaling 32,000 SF on 1.8 acres located at a 4-way traffic light intersection with over 40K in daily vehicle count, featuring, 1000FT of Philadelphia Main Line frontage, 50 ground level parking spaces & an 80-car underground garage. Taking 10 yrs to complete & revered as a modern-day Taj Mahal, this project is estimated to cost over 25MM to construct & was forged by the owner purchasing 8 parcels to build unparalleled curb appeal. With the primary purpose of catering to the luxury demographic of Philadelphia’s elite, this asset was built by expert craftsmen from across the world using only the best materials. The 1st building (20KSF) features high-class restaurant & retail/office space with PA's 2nd largest 25,000 bottle wine cellar/dining room. Upstairs has a 2nd high-class restaurant with retail/office/banquet space. The 2nd building (10KSF) has high-end medical/retail/office space. See attached media.

Allentown 5 Unit

453 N 5th

$48,000 GROSS $39,243 NET  11.21% CAP at $349,900 Asking Price. ATTENTION INVESTORS!! Multi-unit income-producing property. Fully occupied with excellent rental history & little turnover. This unique property offers 5 units plus office/storage space and garages. Currently at 9% cap rate with room for improvement. All rents are below market value. The owner will transfer with clear CO. Walking distance to downtown local shopping, dining, public transportation and at close proximity to all major highways. Don't miss this great opportunity, schedule your showing today.

Allentown 9 Unit

150 E Hamilton

$105,300 GROSS $81,034 NET  8.66% CAP at $935,00 Asking Price.  INVESTOR ALERT! 9 Unit turn-key investment package!!! 100% occupied and fully renovated within the last year! Current GRI $105,300 per year!!! There are 8 apartments in the main part of the property, there is a twin home and a 10 car parking lot included in this sale (3 parcels). The owner has completed a beautiful renovation to each unit including new kitchens, bathrooms, flooring, paint, and heaters for Class A units. The tower has a video doorbell system for the occupants. There are motion-activated common lights, new electric and new plumbing in the property as well. The owner installed a coin-operated laundry for the tenants use too! There is an opportunity to add at least one more unit to the lower level or rent it out for storage (currently empty). Gas service in the building. Landlord includes water, sewer, trash and snow removal in the rent. Tenants pay electric, gas and renters insurance. The owner will sell with Clear CO from the City of Allentown.

Allentown Office Space

$860,387 GROSS $470,342 NET  8.1% CAP at $5,800,000 Asking Price.  Office building for sale in Allentown. Hamilton Business Center is a 98,601 square foot office building in downtown Allentown. Property is in the Opportunity Zone, which offers tax benefits to investors. Building amenities include 24-hour secure access, elevators, conference facilities, food service, on-site management, and signage.

7-Bldg Lehigh Univ. Housing Portfolio, Bethlehem 3.465MM

Rare opportunity to purchase a turnkey, Lehigh University off-campus housing portfolio. Consists of 7 properties, 5 Beds each property, selling only as a package. All buildings have Clear CO’s. Currently renting for the 2021-2022 Year. 

7-Bldg Student Housing Portfolio, Bethlehem 3.850MM

CONFIDENTIAL LISTING: Rare opportunity to purchase a turnkey, Lehigh University Student Housing Portfolio. 7-Property Portfolio, selling only as a package. 35 Beds (all 7 buildings consist of 5 bedrooms and 2 bathrooms). All buildings have Clear CO’s. Leased through May 2021. Gross Income for the 2020-2021 Year is $323,700. Currently renting for the 2021-2022 Year. 

Bethlehem - 10,000+ Square Foot Commercial Property 2.475MM

3464 Linden St.

No expenses were spared with this 10,000+ SF flex use property on Linden Street in Bethlehem. You will not be able to find a better designed and constructed commercial building currently in the Lehigh Valley. The retail space has custom millwork and cabinetry throughout along with a gas fireplace. There is an elevator that accesses the second-floor offices. The roof was designed with custom-built roof trusses for additional storage. The property sits on 2 acres on high volume route 191 in Bethlehem for maximum retail exposure. BONUS - there is over an acre of buildable land and you can build the same buildings twice or put a strip mall in (zoning applies)

Exclusive James Reardon Listing - 484-866-2495 

Easton property Single Family Home

765 Klein Rd.

$24,000 Gross, $18,000 NET, 8.3% CAP @ Asking. Modern amenities meet old world charm in this gorgeous 1430SF+, 4BR, 2BA, completely remodeled single family renovated farmhouse featuring a 1st-fl master bedroom w/ large walk-in closet, brand new carpeting, & well-appointed tiled en-suite master bathroom. Plentiful windows draw you into the cozy, light-filled family room w/ new resilient laminate wood flooring, seamlessly flowing into the eat-in kitchen, which boasts impeccable white shaker cabinets, granite countertops, center island w/ breakfast bar & brand new stainless steel appliances & farmhouse sink. A spacious mudroom completes the 1st fl. The 2nd fl features three additional bedrooms w/ new carpeting & an additional freshly remodeled tile bathroom. The large yard framed w/ mature trees is perfect for enjoying breezy summer nights & fall foliage. Fresh paint throughout. ALL NEW: roof w/ warranty, water heater, 200 amp electrical box, wiring & plumbing throughout. Newer windows.

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.

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.

 

  

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.  

Allentown 20 Unit Portfolio.

230K GROSS, 155K NET, 10.3% CAP @ 1.5MM ASKING

Grow your property portfolio with this 20 unit sale in Allentown.

Contact James Reardon

Call 484-866-2495

Email j.r@thetgteam.com

 

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.  

 

 

  

2 Profitable Cattasaqua Bar/Restaurants with Liquor License

2 BUILDING, 2 RESTAURANTS, massive traffic count and extremely established landmark restaurant open for nearly 20 years available for sale
Restaurant and lounge with fully equipped kitchen.
• burner stove
• pizza oven
• fryer
• flat top
• steam table
• food warmer

Palmerton Bar and Restaurant

Popular Brew Pub and Restaurant with on-site parking located in a highly-populated area. Sale includes Real Estate, Furniture, Fixtures, Equipment, Brewery License (Liquor License) & Goodwill.
The main level of the restaurant/pub seats approximately 50 patrons.

A popular, well-known restaurant in a prominent location and up-and-coming area. Liquor license included in this price! There is a ton of potential with this spacious establishment which features banquet/private party facilities. Cozy yet very nice size bar on the main floor with multiple distinct dining areas. In addition to the liquor license, assets, equipment, name, goodwill and all are included in this turn-key operation ready for your finishing touches.

 

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.

Bethlehem Single Family Home

3177 Rachel Dr. Bethlehem, Pa.

Recently renovated, Impeccably maintained, 3BR, 2.5 BA END UNIT townhome situated on a quiet cul-de-sac in Bethlehem Township. 1st floor features an open layout, towering vaulted ceiling w/ skylight plus a unique bay window, 9 ft ceilings & gleaming oak hardwood flooring. Beautiful kitchen including, custom cabinetry, brand new stainless steel suite (installed for sale), and double bowl sink with recessed lighting and tray ceiling. Dining room w/ tile flooring & vast living room with hard wood floors & sliding glass doors out to the backyard oasis and spacious deck. Upstairs you'll find 3 large bedrooms, loft suitable as a library, and 2 full baths w/ tile floors & walls. Master BR includes walk-in closet & a full bath. Full basement with high ceilings. 1 car finished garage w/ plenty of storage & insulated door. Nice wood deck, full basement for storage, 1st floor laundry.

 

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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. 

 

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:
James Reardon - 484.866.2495, j.r@thetgteam.com
Lauren Jung - 484.352.2748, l.j@thetgteam.com
Office - 610.250.8905
Century 21 Keim Realtors
Suite J
2299 Brodhead Rd
Bethlehem, PA 18020
 
 
 
  
  

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