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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
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

PROPERTY TAXES

Parcel Number
16.7.1.39
Land Assessment
$293,700
Improvements Assessment
$816,250
Total Assessment
$1,109,950
  • Listing ID: 28460237

  • Date on Market: 5/11/2023

  • Last Updated:

  • Address: 2309 Milford Rd, East Stroudsburg, PA 18301

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