46-Unit Multifamily Investment

Investment Overview

Introducing a prime multifamily investment opportunity: Country Estates Townhome Rentals at 27 Quartermile Road in Greenville, PA, this 46-unit garden-style multifamily package on 11.38± acres boasts 100% occupancy, offering immediate income with upside potential. The package comprises 20 impeccably maintained 2 & 3-unit buildings, representing a blend of classic charm and modern amenities. Ideally located in the Country Estates neighborhood near multiple major employers including UPMC Horizon Hospital & Thiel College creating renter demand. Easily accessible from local thoroughfares, I-79 & I-80 and conveniently located within 2 miles of multiple retailers yet with abundant greenspace & a homeowner-like feel within the community. One of the compelling features of the offering is the newer construction with highly functional, desirable layouts. The average year built is 1993 (1976-2007). 60% of the roofs have been replaced within the past 10 years. Unit mix includes mostly ranch-style 2 bedroom units with 1-2 baths & 1-2 car attached garage, in-unit washer/dryer hook-ups, fully applianced kitchens, central AC, patios/porches, semi-private yards & abundant off-street parking. 1,102± SF average gross living area plus additional attached garage. Floor plans available. Upside potential lies in the opportunity for the investor to garner year-over-year rent increases with average in-place rents of $990 ($0.90/SF) and proforma market rents of $1,292 ($1.17/SF). Vacancies have been marketed by word-of-mouth and a waiting list, providing the investor the opportunity to debut the offerings to the market and garner higher rents with an increased marketing reach. Pricing guidance on the opportunity is $171,740/unit. Don't miss out on this attractive multifamily investment with a solid rental history and significant upside potential. This property presents a strong opportunity for the savvy multifamily investor seeking a well-maintained, fully occupied asset with immediate income potential and a promising future. Confidentiality agreement required for full details. Contact the listing broker, Sherry Bauer, to learn more.

Investment Highlights

• 46-Unit garden-style multifamily investment with 100% occupancy & upside potential
• Country Estates Townhome Rentals comprises 11.38± acres in a low-density, park-like setting
• Ideally located near multiple retailers & major employers including Thiel College & UPMC Horizon Hospital
• Easily accessible from regional thoroughfares, I-79 & I-80
• Package comprises 20 impeccably maintained 2 & 3-unit buildings with an average year built of 1993 (1976-2007)
• 60% of roofs have been replaced within the past 10 years
• Unit mix includes mostly ranch-style 2 bedroom units with 1-2 baths & 1-2 car attached garage, in-unit washer/dryer hook-ups, fully applianced kitchens, central AC, patios/porches, semi-private yards & abundant off-street parking
• 50,690± SF rentable area plus an additional 16,767± SF garage area
• 1,102± SF average gross living area plus additional attached garage – Floor plans available
• Average in-place rents of $990 ($0.90/SF)
• Proforma market rents of $1,292 ($1.17/SF) & limited marketing offer upside potential
• Pricing guidance is $171,740/unit