Dear past, present and future clients, friends and family! You are cordially invited to The Tejas Gosai Team's Holiday Party and 2020 Real Estate JUMPSTART. We had an amazing year and we owe it all to you!

Please feel free to bring friends, family & YOUR CHILDREN so that you can enjoy private bartenders, excellent food & amazing entertainment. We will be featuring a short presentation on our team's best 2019 real estate case studies and our 2020 team projections/programs.

We are super duper pleased to announce that The Lehigh University Melismatics will be performing for us. This is an event you will not want to miss.

Finally, we would like to thank Bashir Kadi of Caliber Home Loans, Nick Cruz of Smart Home Services, Matt Koff of Parkland Abstract, Nick Musselman of The Marchand Agency of Allstate, Settlement USA, First Keystone Community Bank, and our brokers, Loren Keim and Tim Mahon for sponsoring this event.

Please click on the link to register https://www.eventbrite.com/e/holiday-party-2020-real-estate-jumpstart-tickets-81822500301 We are looking forward to celebrating our year with you!

Click for Virtual Tour

Palmerton Bar and Restaurant

(ON MLS)

$715K GROSS, $163K NET, 16.3% CAP @ 1MM asking. Cash-flowing, turn-key, restaurant/bar plus single-family rental with scenic stream and plenty of parking in front/rear. This offering includes a $60K liquor license, two real estate parcels, the business enterprise, & all FF&E. With almost 2K confirmed Penndot daily traffic count and located at a 4-way traffic intersection, the buyer will inherit a successful hands-on/profitable ownership forged over a 15-year history. All efficient infrastructures in place including nitrous taps, updated POS, fully integrated tv and sound system, personalized tv's in booths, custom tongue and groove woodwork throughout & brand new outdoor sports/music bar and deck. The restaurant is profitable, inclusive of paying rents & wages to ownership. Financials are available & the business shows strong cash flow to cover the asking price debt service making this venture very bankable. Blue MNTN Ski Resort is 7 miles away - 300k/yr. Includes house next door.ome.

Click for 360 Tour: https://360mediapro.vr-360-tour.com/e/LDYBbigWCsg/e?hide_nadir=true&hidelive=true

Click for Video:  https://www.youtube.com/watch?v=sX3KIgDvGRM

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.

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

$189k Gross, $155,180 Net with a 9.4% Cap Rate at $1,750,000 Asking Price. Three buildings catty-corner together in Emmaus.  Fully occupied, long leases with low rents that can easily be increased to bring raise cap rate significantly.  The owner is highly motivated.  

NEW 3 Unit - Allentown

$46,800 Gross, $45,880 Net, 10.69% Cap Rate at $429k Asking Price.  Desirable location for this commercial space with high traffic areas from Airport Road and Union Blvd. Front commercial space leased by Church which was doubled in size and consumes two leased spaces. This space could be converted back to two for future uses. Back commercial space has long term tenant which can also be upgraded to include small apartment space. Upstairs is a large two-bedroom unit that is owner-occupied and can rent for $1,00-1200/month additional income. Sale of property includes parking lot in back with alley access and 26 spaces which can also yield income. GREAT OPPORTUNITY to immediately cashflow with value-add opportunities for future income.

1 Unit Bethlehem

820 Wyandotte

Fully Occupied $16,800 Gross, $13,440 Net with a 10.33% Cap Rate at $130k Asking Price.  This property has been fully renovated with all new kitchen, bathroom, new carpeting throughout and a brand new deck.  Tenants pay all utilities. 

PRICE REDUCED Bethlehem - 10,000+ Square Foot Commercial Property 2.375MM

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)

CITGO - 5243 Milford Road, East Stroudsburg PA (ON MLS)

$650,000.00

$12K/MONTH Projected Gross, $9.6K/MONTH Projected Net with 9.1% Projected Cap rate @ $650k Asking Price. This is a well-established turnkey business featuring multiple streams of income that is ready for the next owner. Convenience store, 1 bay garage & THREE (3), ONE (1) bedroom APARTMENTS on the 2nd floor. There are 2 gas pumps that are branded Citgo, these bring constant traffic to the pumps & the store. There is also a 2nd building that is 40x100 w/a long-standing tenant. Parking for up to 50 cars. Located on the heavily traveled Rt 209 next to Pocono Palace Resort, a year-round prime location. Located just 60 mins from NYC & 90 from Phili. Attractions bring millions of tourists, including, Great Wolf Ski Lodge & Indoor Water Park, Kalahari Resort, Camelback & Shawnee Ski Resorts, Mt. Airy Casino, & Crossings Outlet Store. Continue to operate as a Citgo, go unbranded or sign up with another company where they could invest in additional improvements in the property.

Whitehall Commercial Space (ON MLS)

3629 E Columbia

This .74 acre corner lot features tremendous curb appeal with cross streets, MacArthur Blvd and Columbia St. Located at a 4-way traffic light intersection across the street from a new construction Dunkin Donuts, Penndot has verified over a 25,000 daily vehicle traffic count. Built entirely of cement, this corporate building is a modernized fortress as the current owner has added: new plumbing, new electrical, new water/gas/sewer lines, new Anderson windows, 2 zone heat/AC, drywall, finishes, and complete state of the art sound, lighting, speaker system, internet, camera wiring, intercoms, & phone package. The purchase price includes COMPLETING the project and delivering a TURN-KEY 3,200sf office suite including additional finished space with a unique rooftop workspace. There is currently parking for 18 vehicles, additional parking can be retained. Please call Whitehall Township Zoning for ANY and ALL permitted uses. Easy access to 22/78/NYC/Philly. SEE VIDEO WALKTHROUGH FOR RENDERINGS.

Click for AERIAL/VIDEO WALKTHROUGH : https://youtu.be/tSpjGUXBzY4

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.

1043 E. Chew St. Allentown, PA

1.25MM @ 7.5% Cap

12 Units, CLASS A+, NOW WITH CLEAR CO, newly updated exterior, and newly renovated units! This is your opportunity to own a fully occupied property including 2 buildings on one deed with 6 units each, in the burgeoning Allentown market. $130,740 Gross (actual), $93,750 NET (actual), 7.5% CAP @ 1.25 MM asking. SEE DRONE VIDEO. Eight 2 bedroom units, four 1 bedroom units. 16 private parking spaces dedicated to rear units with street parking for front tenants. Updated interior, exposed brick, renovated kitchens, modern bathrooms. Long term tenants, solid leases. Property is being sold, "AS IS,“ however owners are currently renovating the exterior with a new facade, multiple units are being totally rehabbed, refinished common area with LED lighting and new doors, brand new landscaping and signage, new dividing walls on front porch, and owners are currently completing the city inspection, expected by 11/15/2019. Easily increase rents with no renovation by $100/unit to raise the gross to $155,400 and supercharge Net Income to $118,410 to attain a 9.5% Projected CAP.

Click Here For Drone Video https://www.youtube.com/watch?v=FzaBvMuc2hE&t=2s 

Laundromat Business & Building - Allentown

3037 S. Pike Ave. Salisbury, PA

 Owner Retiring - 18 room Commercial Office Building at 3037 S Pike Ave also known as the "S Pike Ave Office Center" is for sale. Building is approximately 5000 square feet of office space with 19 parking spaces and sets upon a 64,991 square foot lot (1.49 acre). Room to expand parking & building. Located close to I-78 on busy Rt. 145 (Pike Ave. ). Direct access to Rte 309 N/S and PA Turnpike 476 N/S. Ground level plus 2 additional levels w/ fully carpeted offices; several interconnect. Income units include 2 at ground level, 8 on 1st fl. , 9 on 2nd fl. & 1 garage. Two bathrooms per floor, waiting area & ground level storage area. While ground level unit needs some work. it has office w/ kitchen & half bath. Daily traffic count on Rte 145 is 16,000 cars a day. Past occupants have included: legal, accounting, insurance, counseling, medical, & transportation. Call to schedule your showing. Office rents have traditionally been below market. Projected room rates are listed below.

Commercial Space Poconos

2473 Rte 611

Asking Price $1,875,000 Owners just completed a 500K redesign of this 15,000SF, commercially zoned, free-standing building with 175 parking spaces located on massively-trafficked Route 611 with 5.76 acres seconds from Interstate Highway 80 with over 375 feet of frontage. This property can house almost any purpose, e.g., event/catering destination, car dealership, corporate center, office space, or return to its previous use as an extremely successful hotel/restaurant. 1st FL has a freshly painted & newly drywalled open floor plan, fully lined with windows & access to a commercial kitchen. Southside of the building has residential quarters & upstairs previously housed over 10 hotel rooms. PennDot averages 35K cars/day with NO OFFSEASON due to summer & winter family attractions, surrounded by 14 resorts. 60 mins from NYC & 90 from Phili. Attractions bring millions of tourists, including, Great Wolf Ski Lodge & Indoor Water Park, Kalahari Resort, Camelback Ski Resort, Mt. Airy Casino, & Crossings Outlet Store.

Click Here for 360 Tour:  https://360mediapro.vr-360-tour.com/e/LDYBbYKXdJY/e?hide_nadir=true&hidelive=true

Click Here for the Walk Through: https://www.youtube.com/watch?v=xeNDom71xr8&feature=youtu.be

Click Here for Drone Video:  https://www.youtube.com/watch?v=RPfWsISX52c&feature=youtu.be

Click Here for the MLS Listing: https://matrix.lvar-mls.com/matrix/shared/sppRPLLHr0Dd/2343611

Click for VIRTUAL TOUR:https://360mediapro.vr-360-tour.com/e/LDYBbSaRcSQ/e

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

2102 S Lehigh

7 Units, Fully Occupied, $82,620 Gross, $69,908 Net with a 9.64% Cap Rate at $725,00 Asking Price.  The property consists of 2- two-bedroom and 5- one-bedroom apartments. There are two sides of a twin and a converted 3 story home, which feature highly efficient gas central air/heat.  All tenants pay their own utilities. The property has been fully renovated and is fully occupied.  The units include new kitchens and bathrooms, upgraded plumbing, new water heaters, new flooring, upgraded walls for better insulation & moisture resistance, newer roof, the entire building was re-pointed, new landscaping which included removal of large trees to ensure the safety of the property and tenants.  60% of the tenants are long term and there is a potential to increase the rents.  There has never been an issue with vacancies due to the location of the property it draws a huge amount of interest.

All full-price offers will be protected with a 6-month warranty on plumbing, electric or any apartment related repair.  The seller is will to stay on and continue to maintain the property at a discounted rate to ensure a smooth transfer for an absentee investor.  The seller currently has one of the tenants maintaining the property in regards to the lawn & snow removal, this is a highly efficient way to handle this and the tenant is willing to continue doing this as he is getting a reduction on his rent.

2 Unit Stroudsburg

808 Sarah

INVESTORS ONLY - Gross Income: $30,600 Net Income: $20,600 Cap Rate: 6.87% @ Asking Price of $300k and includes a BUILDABLE LOT to expand the investment. This is a 2 family home (3008 sq feet) with masonry construction and includes a 3 car garage plus an extra lot to build at the rear of the property. Upgrades include: *new electric, *new forced hot air heat, and *new updated and renovated kitchens. Each side has 6 rooms, 3 bedrooms, and 1 bath. 2 blocks from Main St. Good condition. No repairs required. Unit 808 pays 1250 in rent and has shared use of the garage and also has a first floor half bath. Unit 806 pays 1300 per month rent has a modern kitchen with oak cabinets. The extra piece of land is on the tax records or viewable through google maps.

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.

Commercial Lease

751 Union

$5k per month.  Our client just closed on this absolutely pristine investment property and they are now looking for a high-quality renter to rent the commercial space.  The renter will have access to the storefront and the full commercial kitchen space in the basement complete with everything a baker could ever need to run a successful bakery business.  Contact us today for a showing.

Check out the 360 Virtual Tour here: https://360mediapro.vr-360-tour.com/e/LDYBbh0Mik4/e?hide_nadir=true&hidelive=true

For any of these properties, contact any of our teammates.