2309 Milford Rd | East Stroudsburg, PA 18301
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- LoopNet Team
2309 Milford Rd
East Stroudsburg, PA 18301
The Lodges at 2309 · Multifamily Property For Sale
·
28 Units
INVESTMENT HIGHLIGHTS
- Value-Add Potential: The expansive 5-acre parcel of land provides potential for additional units or self-storage
- The property is situated on Milford Road, a busy thoroughfare, providing high visibility and easy accessibility
- Recent renovations include new roofs, paved parking lot, coin laundry, camera security systems, and PTEC heating/cooling units
- The East Stroudsburg rental market is experiencing a steady rise in rental rates, with an annual gain of 5.0% over the past three years
PROPERTY FACTS
| No. Units | 28 | Lot Size | 5.00 AC |
| Property Type | Multifamily | Building Size | 12,700 SF |
| Property Subtype | Apartment | No. Stories | 1 |
| Apartment Style | Low-Rise | Year Built | 1952 |
| Building Class | B | ||
| Zoning | B1-Business Commercial | ||
| No. Units | 28 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 5.00 AC |
| Building Size | 12,700 SF |
| No. Stories | 1 |
| Year Built | 1952 |
| Zoning | B1-Business Commercial |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| Studios | 21 | - | - |
| 2+1 | 1 | - | - |
PROPERTY TAXES
| Parcel Number | 16.7.1.39 | Improvements Assessment | $816,250 |
| Land Assessment | $293,700 | Total Assessment | $1,109,950 |
PROPERTY TAXES
Parcel Number
16.7.1.39
Land Assessment
$293,700
Improvements Assessment
$816,250
Total Assessment
$1,109,950
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