OPEN HOUSE ALERT 12 Unit - Easton

1440 Washington, Easton, PA

$85k Net, 7.39% Cap Rate at $1,150,000 Asking Price.  Rents are all low and can easily be increased to market value increasing your Cap Rate significantly. This fully occupied 12 Unit apartment building features 6- 1 bedroom apartments & 6- 2 bedroom apartments. All are spacious & uniquely laid out. The building offers a coin-operated laundry for tenants, off-street parking with spaces assigned to each apartment, & a security system with intercom. Each unit has its own electric heat pump with central air. Tenants pay all utilities. Owner pays for the laundry utilities, hall & parking lot lights, lawn care, snow removal & trash pick-up. The building has a brand new fire monitoring system.

OPEN HOUSE THIS SUNDAY MARCH 1ST 3-4 PM

OPEN HOUSE ALERT

6 UNIT Allentown

26 N 14th St, Allentown, PA

$68k Gross, $42k Net 7.63% Cap Rate at the Asking Price $550k.  Fully Occupied, Great income producer! 6 unit detached building in very good condition. the first floor has (two) 3 bedroom units that are large with high ceilings. 2nd-floor units are 1-2 bedrooms that have nice balconies for tenants to enjoy. 3rd floor has 2 1-2 bedroom units. Tenants pay ALL utilities, landlord pays sewer. Trash is included in taxes. 

OPEN HOUSE THIS SUNDAY MARCH 1ST 5-6 PM

COMMERCIAL TOUR 03/05/2020 from 10:00AM - 1:00PM and 5:00PM - 6:00 PM, BEST AND FINAL by 03/06/2020 at 12:00 PM.

28 UNIT Complex - Turnkey, upgraded, cash flowing, 22 fully occupied residential, 6 superior commercial spaces, with total over 92% occupancy. 179K GROSS, 100K NET PROFIT, 9.1% CAP at 1.1MM asking price. This is a prime investment opportunity to acquire fee simple interest in the iconic Guarantee Trust Apartment Complex located at heavily trafficked traffic light intersection in downtown Mount Carmel, Pennsylvania.

https://www.loopnet.com/Listing/24-E-3rd-St-Mount-Carmel-PA/18678103/

Commercial Space - East Stroudsburg

Great location to start or move your business to a busy thoroughfare. Large lot allows for future expansion! Currently vacant, was a former Asian restaurant. Existing FF&E to stay. Great price for the location and what's included. Newer HVAC and roof. Newer walk-in cooler.  $260k Asking Price

Auto Repair Shop

Wilson, PA

Now is your chance to start or grow your auto repair venture here with a comprehensive 22% CAP at $599k Asking Price on the package and healthy cash on cash return at 25% down. Incl. is the real estate, the 10 yr business and all its equipment, inventory, supplies (valued at over $100k), employees, client lists software (3.600 clients) and 6 vendor fleets contracts that the current owner will assist with the transition. Between service and 250 PA inspections per week and $42k. The building is a large warehouse comprised of 6,765± sq ft situated on 0.31± acres. The structure provides a customer walk-in/admin desk, and full auto shop, additional garages currently used for storage provide more opportunity for the right user. The upstairs has a nice two-room employee lounge/ office with a 1/2 bath and the lot has parking for 24 cars. The possibilities for other uses or apartment conversion/ redevelopment should be checked with local zoning. 2 tenured mechanics, and office admin if needed, the owner will assist the transition.

9 Units - Easton/Wilson

8 Units - Lansford, PA

Single Family Home

Phillipsburg, NJ

$350k Asking Price. Newly renovated colonial home set on a quiet dead-end street. Open concept floor plan, freshly painted, cathedral ceilings, new flooring. New HVAC and plumbing. Large kitchen with new cabinets, granite countertops, subway tile backsplash. Four new bathrooms. Master suite with double closets, en suite, and sliding door to the porch. A real must-see!

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3 Unit - Allentown 

Gross, $27k, Net $21,293, 9.67% Cap Rate at $220k Asking Price.  Fully Occupied with a Clear CO

Expenses= Taxes $3,032, Insurance $1,290, Owner Electric Meter $360, Rental License $225, water/sewer/trash $800 = total expenses of $5707/year.  Rents are $750 per unit

30+ ACRE HOTEL/RESTAURANT/EVENT INVESTMENT OPPORTUNITY

600 Flagstaff, Lehighton

$2mm Asking Price 30+ ACRE HOTEL/RESTAURANT/EVENT INVESTMENT OPPORTUNITY located at “the top of the world,” Flagstaff Event Center, one of the highest destination points in PA with majestic 50-mile, 360 Panoramic views overlooking Jim Thorpe with a rich history including entertainers like Tommy Dorsey & Frank Sinatra. See aerial video & virtual tour. Offering includes “Gallo’s Pub,” 9,000SF+ event center with ballroom, wrap-around balcony, full-service industrial kitchen, intricate courtyard & large parking. A recent developer commissioned approved plans for a 70-room Hotel Development with Ariel tram/gondola system to/from the town of Jim Thorpe, Ferris wheel & event destination. The entire redevelopment of Flagstaff cost ran around 13MM & would generate millions of visitors through the tourism board, state & local community support, not to mention become one of the only aerial trams of its kind in northeast America. This facility can return to its original use or redesign for additional revenue.

3 Unit Fully Occupied Orthopedic Center plus Residential Package

Allentown, PA

Gross $116,400, Net $97,776 Almost 8% Cap Rate at $1.27mm Asking Price. Completely rebuilt in 2008, the property is currently used as an Orthopedic Center on both the upper and lower levels. The building includes a full commercial elevator. The first level features a large gathering area of more than 3000 square feet of open space with new flooring  The upper level includes a full-size basketball court and word-class gym, offices and bathrooms.

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Truck Stop

Harrisburg, PA

Walgreens Plus 11 Fully Occupied Commercial Units - Full City Block

Allentown, PA

Gross $296k Asking Price $4.5mm. Walgreens for sale plus 11 tenant-occupied units in the back lot of the property. Walgreens has a $100k triple net lease in place.  The other 11 commercial units are all occupied but the leases should be increased to current market value.  600 ft of premier frontage on the heavily trafficked main artery between Bethlehem & Allentown.  Pharmacy drive-through in the back of Walgreens makes for convenient access to the general public. Located in Allentown across the street from a planet fitness makes this a great investment property.

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4 Unit - Fully Occupied - Wilson

Gross $42k, Net $36k, Cap Rate 9.6% Cap Rate at $375k Asking Price.  4 Unit building, Very well maintained. Very clean. Fully rented, some long term tenants. Remodelled baths and kitchens. Tenants pay gas and electric. All units have individual entrances. 1st Floor rear unit has a covered porch. 2nd Floor has a covered porch. 3rd floor has a Roof Top Patio. Excellent City views!. Convenient bus stop at the corner.

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10 Units - Fully Occupied, Completly Renovated

Allentown, PA

Gross $102,300 Net $78,804 with a 9.8% Cap Rate at $800k Asking Price 

809 N 6th St Allentown, 18102

https://youtu.be/3lglXFmnBB8

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

NEW 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.

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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.

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.

Laundromat Business & Building - Allentown

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