6000 Chambers Hill Road, Harrisburg, PA for sale

Investment Overview

Scope Commercial Real Estate is pleased to present 6000 Chambers Hill Rd, a 5-unit multifamily income-producing asset located in an established residential and commercial corridor of Harrisburg, Pennsylvania. The property comprises approximately 4,300 rentable square feet situated on a 1.05-acre parcel, offering tenants ample on-site parking and a suburban residential setting with convenient access to major employment centers and regional highways. The unit mix consists entirely of 2-bedroom / 2-bathroom apartments, including one oversized unit and four standard units, supporting strong local rental demand. The asset is currently stabilized with in-place cash flow and presents a clear path for incremental income growth through rent optimization.

Investment Highlights

• - Attractive In-Place Yield with Upside – Offered at an 9.04% current cap rate with a pro forma cap rate of 10.08%, supported by below market rents and demonstrated ability to push income.
• - Stable Multifamily Asset – Five 2BR/1BA units generate consistent demand, benefiting from a diversified tenant base and manageable operational scale.
• - Strong Cash Flow Fundamentals – Current NOI of $67,812 with pro forma NOI projected at $75,599, driven by rent growth and efficient expense structure.
• - Large Lot with Long-Term Flexibility – The 1.05-acre site provides excess land coverage, parking capacity, and potential future flexibility subject to zoning and buyer due diligence.
• - Central Pennsylvania Location – Proximity to regional highways, employment hubs, and Harrisburg-area amenities supports tenant retention and long-term market stability.