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Mountain House Apartments 10826 Horse Valley Rd 12 Unit Apartment Building $550,000 ($45,833/Unit) East Waterford, PA 17021
Investment Highlights
- Private well water system equipped with infrared light filtration
- 12-unit multi-family property consisting of six (6) 2-bedroom/1-bath units and six (6) 1-bedroom/1-bath units
- Potential for buyer to pass through electric costs
- Fire-rated ceiling tiles throughout
- Rare opportunity to add 12 units at $45,833 PPU
- Low property taxes
Executive Summary
his property offers investors a rare opportunity to acquire a multifamily asset at an attractive price per unit compared to similar properties in the market, providing an
efficient entry point for those looking to grow their portfolio. The building has been very well maintained with regular updates and renovations, making it a strong opportunity for investors seeking a quality asset to add to their portfolio.
efficient entry point for those looking to grow their portfolio. The building has been very well maintained with regular updates and renovations, making it a strong opportunity for investors seeking a quality asset to add to their portfolio.
Property Facts
| Price | $550,000 | Building Class | B |
| Price Per Unit | $45,833 | Lot Size | 0.69 AC |
| Sale Type | Investment | Building Size | 7,200 SF |
| No. Units | 12 | Average Occupancy | 100% |
| Property Type | Multifamily | No. Stories | 3 |
| Property Subtype | Apartment | Year Built | 1920 |
| Price | $550,000 |
| Price Per Unit | $45,833 |
| Sale Type | Investment |
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Building Class | B |
| Lot Size | 0.69 AC |
| Building Size | 7,200 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 1920 |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | - | - |
| 1+1 | 6 | - | - |
1 1
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 16-1A-63 | Improvements Assessment | $27,130 |
| Land Assessment | $2,920 | Total Assessment | $30,050 |
Property Taxes
Parcel Number
16-1A-63
Land Assessment
$2,920
Improvements Assessment
$27,130
Total Assessment
$30,050
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Mountain House Apartments | 10826 Horse Valley Rd
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