Log In/Sign Up
Your email has been sent.
Maiden Creek 20 Unit 1563 Old U.S. 22 20 Unit Apartment Building $1,300,000 ($65,000/Unit) 12% Cap Rate Lenhartsville, PA 19534
Executive Summary
UNIQUE INVESTMENT OPPORTUNITY in this 20 unit property situated on just shy of 10 acres consisting of two parcels and a short 20 minute commute to the Lehigh Valley. This property consists of 2-3BR units, 2-2BR units, 11-1BR/ efficiency units, 3 storage spaces, a workshop with garage, and a commercial garage. Plenty of value add and upside potential with rent increases and the potential to add more units. Check with zoning and the local municipality regarding options. All residential units are fully occupied with 1 year leases/security deposits in place. Owners pay W/S/T and common electric. All utilities are separate and tenants pay heat(electric), electric, and cable. New roofs and windows were recently installed on all the main buildings and commercial garage. List price reflects a cap rate of over 12% based on current rents and occupancy. Don't miss out on this unique opportunity!!!
Data Room Click Here to Access
Financial Summary (Actual - 2025) |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$155,689
|
$11.28
|
Financial Summary (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $155,689 |
| Annual Per SF | $11.28 |
Property Facts
| Price | $1,300,000 | Apartment Style | Low-Rise |
| Price Per Unit | $65,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 9.86 AC |
| Cap Rate | 12% | Building Size | 13,801 SF |
| No. Units | 20 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 2022 |
| Property Subtype | Apartment |
| Price | $1,300,000 |
| Price Per Unit | $65,000 |
| Sale Type | Investment |
| Cap Rate | 12% |
| No. Units | 20 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 9.86 AC |
| Building Size | 13,801 SF |
| No. Stories | 2 |
| Year Built | 2022 |
Amenities
Unit Amenities
- Air Conditioning
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
Site Amenities
- 24 Hour Access
- Controlled Access
- Smoke Free
- Maintenance on site
- Smoke Detector
1 1
Not walkable
10/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 45-5415-12-86-5831 | Improvements Assessment | $180,200 |
| Land Assessment | $68,600 | Total Assessment | $248,800 |
Property Taxes
Parcel Number
45-5415-12-86-5831
Land Assessment
$68,600
Improvements Assessment
$180,200
Total Assessment
$248,800
1 of 50
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Presented by
Maiden Creek 20 Unit | 1563 Old U.S. 22
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.