14 Kenneth Ave | Shippensburg, PA 17257
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- LoopNet Team
14 Kenneth Ave
Shippensburg, PA 17257
Madison & Brookside Court · Multifamily Property For Sale
·
84 Units
INVESTMENT HIGHLIGHTS
- Half Mile to Shippensburg Campus || 10 Minute Walk
- Attractive Yield || Double Digit In Place Cash-On-Cash Return
- Well Managed & Maintained || 90% Pre-Leased for Fall 2021
- 309 Beds || Seven Buildings || 84 Units
- Fully Furnished Units || Select Units Feature Premium Finishes
- 2008/2010 Construction || Best in Class Luxury Off-Campus Housing
PROPERTY FACTS
| No. Units | 84 | Lot Size | 7.64 AC |
| Property Type | Multifamily | Building Size | 100,766 SF |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Garden | No. Stories | 3 |
| Building Class | B | Year Built/Renovated | 2008/2025 |
| Zoning | MU | ||
| No. Units | 84 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | B |
| Lot Size | 7.64 AC |
| Building Size | 100,766 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built/Renovated | 2008/2025 |
| Zoning | MU |
AMENITIES
UNIT AMENITIES
- Fireplace
- Washer/Dryer
- Kitchen
- Granite Countertops
- Refrigerator
- Satellite TV
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Picnic Area
- Furnished Units Available
- Online Services
- Walk-Up
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 3+3 | 25 | - | - |
| 4+2 | 49 | - | - |
| 5+2 | 10 | - | - |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $5,596,800 | |
| Land Assessment | $703,200 | Total Assessment | $6,300,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$703,200
Improvements Assessment
$5,596,800
Total Assessment
$6,300,000
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