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3154 Godfrey Ridge Dr
Stroudsburg, PA 18360
Fox Hill Efficiency Apartments · Multifamily Property For Sale
·
18 Units
EXECUTIVE SUMMARY
Opportunity is knocking with this package deal. A 38 unit motel on a large piece of land plus 3 other lots in the immediate area for sale. Plenty of development possibilities especially being 5 to 10 minutes drive from Stroudsburg and E. Stroudburg University. Campground, Tiny houses, Resort, Apartment complex, Housing development, Biking and Hiking trails. Bring your imagination for this one! A total of 1,053,596 sqft of possible development
PROPERTY FACTS
| Price Per Unit | $161,111 | Building Class | C |
| Sale Type | Investment | Lot Size | 10.90 AC |
| Cap Rate | 7.02% | Building Size | 15,000 SF |
| No. Units | 18 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1940 |
| Property Subtype | Apartment | Parking Ratio | 2/1,000 SF |
| Apartment Style | Garden | Corridor | Exterior |
| Zoning | Non confirming use - This is a package listings - 4 parcels for sale including a motel. Tax ID 17-730002-95-6862, 17-731001-06-9471, 17-731001-06-7259, 17-731000-15-1810 | ||
| Price Per Unit | $161,111 |
| Sale Type | Investment |
| Cap Rate | 7.02% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 10.90 AC |
| Building Size | 15,000 SF |
| No. Stories | 2 |
| Year Built | 1940 |
| Parking Ratio | 2/1,000 SF |
| Corridor | Exterior |
| Zoning | Non confirming use - This is a package listings - 4 parcels for sale including a motel. Tax ID 17-730002-95-6862, 17-731001-06-9471, 17-731001-06-7259, 17-731000-15-1810 |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 18 | - | - |
PROPERTY TAXES
| Parcel Number | 17.6.1.13 | Improvements Assessment | $696,680 |
| Land Assessment | $103,320 | Total Assessment | $800,000 |
PROPERTY TAXES
Parcel Number
17.6.1.13
Land Assessment
$103,320
Improvements Assessment
$696,680
Total Assessment
$800,000
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