Dear Clients, Realtors, Brokers, Friends, and Family:

Cheers to a prosperous new year.  We are delighted to offer a new breed of education in the burgeoning Lehigh Valley real estate market, our team will be sharing our secrets, insights, market analysis, buyer/seller proven tactics, best practices and much more on January 23rd at our TG Team Real Estate Seminar.  Please do me a favor and register, if you need a hotel room for the night, let me know. We have prepared a bevy of items to discuss and these lesson pieces are being delivered by our teammates and strategic partners based on 2019 success stories, and frankly, challenges that we collectively overcame to get the client what they want.  I am looking forward to seeing you at our offices for this event.  If you miss this one, come to our next one as these will be monthly events, taught in succession and videotaped if anyone cannot make it.  

Before hitting the inventory items below, please take a moment and read these articles that I have highlighted on how this market is moving.  Pin the Lehigh Valley up against any other market in the Northeast and allow me to explain why we are your best investment.  Enjoy:

1. https://www.nytimes.com/2020/01/09/business/economy/trump-pennsylvania-economy.html - “The Lehigh Valley rebuilt its economy after foreign competition wiped out its mills. Now good times and bad memories may both help the president.”
2. https://www.lehighvalleylive.com/allentown/2019/12/lehigh-valleys-economy-sees-largest-period-of-growth-since-early-20th-century.html, “Lehigh Valley’s economy sees largest period of growth since early 20th century”
3. https://www.mcall.com/business/mc-biz-lehigh-valley-business-predictions-20200102-bvwnoiurnffe7pbh47ohfo3w24-story.html, “Will the Lehigh Valley become a hip hub in the next decade? Business leaders predict that and more for the region.”
4. https://magazine.realtor/daily-news/2020/01/03/mortgage-rates-drop-to-ring-in-the-new-year?fbclid=IwAR2oArMyVvghl0BsPniR2DYEa0V82Q80NeGpFa3usbNUzVe-xGKrNsekb-0

Thank you for taking the time to work with us.  If you want to register at our website, please use www.thetgteam.com, which is updated with multiple MLS and Commercial Databases for the latest properties in our region, updated every 30 seconds.  On the flip side, if you want the most comprehensive free and instant, property valuation, click here. https://tejasgosaiteam.realgeeks.com/cma/property-valuation/

All of our agents are listed below, feel free to call any of us.  

God speed and happy hunting. 

Please click on the link to register  for the seminar: https://www.eventbrite.com/e/january-tejas-gosai-team-real-estate-seminar-tickets-88158702051 We are looking forward to sharing our knowledge with you!

OPEN HOUSE 1/10 @ 10:30

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.

OPEN HOUSE 1/10 @ 10:30

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

66 Room Comfort Inn

Mt. Pocono 

Gross over $1.8mm Asking Price $8.5mm. 66 room 3 story concrete construction the property can easily be expanded to 100 rooms.  Just finishing up their most recent remodel with new rugs, paint & bathrooms. Over the last 5 years has average gross is over 1.8 million.  The star report has scores ahead of all competition for last 5 years.  This property is in a prime location is next to the new Ripley's Believe it or Not development site, 2 miles from Kalahari, 2 miles from Rte 380.

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.

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

Multiple Hotel Ground Up Projects

Contact us today for more information on these exciting opportunities.

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.

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)

8 Unit Allentown

Built in 1914, mixed-use, three-story walk-up with off street parking for both apartment tenants and the restaurant customers. The residential portion of the offering consists of 8 apartments, (4) one-bedroom and (4) two-bedroom units. Tenants pay for their own electric which includes cooking and hot water. The tenants in the two lower-level units pay for heat. The owner is responsible for heating six of the eight apartments, and the water, sewer and trash for all eight apartments. Current ownership recently installed a high efficiency gas-fired, direct vent, condensing boiler equipped with an outdoor rest control and baseboard electric heaters in the two lower-level units. The commercial portion is currently leased by Casa de Pollo Resturaunt. Pursuant to the Lease, there are 3% annual rental increases with the tenant responsible for all maintenance and utility expenses.

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 wel l-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.

Laundromat Business & Building - Allentown

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.

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.

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