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6000 Chambers Hill Rd
Harrisburg, PA 17111
Multifamily Property For Sale
·
5 Units
INVESTMENT HIGHLIGHTS
- Attractive In-Place Yield with Upside – 8.44% cap rate with pro forma cap rate of 9.49%, below market rents and ability to push income.
- Strong Cash Flow Fundamentals – Current NOI of $63,312 with pro forma NOI projected at $71,189, driven by rent growth and efficient expense structure.
- Location – Proximity to regional highways, employment hubs, and Harrisburg-area amenities supports tenant retention and long-term market stability.
- Stable Multifamily Asset – Five 2BR/1BA units generate consistent demand, benefiting from a diversified tenant base.
- Large Lot with Long-Term Flexibility – The 1.05-acre site provides excess land coverage, parking capacity, and future flexibility subject to zoning.
EXECUTIVE SUMMARY
Scope Commercial Real Estate is pleased to present 6000 Chamber Hill Rd is a 5-unit multifamily, income-producing asset located in an established residential and commercial corridor of Harrisburg, Pennsylvania. The property comprises approximately 4,300 rentable square feet situated on a 1.05-acre parcel, offering tenants ample on-site parking and a suburban residential setting with convenient access to major employment centers and regional highways.
The unit mix consists entirely of 2-bedroom / 1-bathroom apartments, including one oversized unit and four standard units, supporting strong local rental demand. The asset is currently stabilized with in-place cash flow and presents a clear path for incremental income growth through rent optimization.
The unit mix consists entirely of 2-bedroom / 1-bathroom apartments, including one oversized unit and four standard units, supporting strong local rental demand. The asset is currently stabilized with in-place cash flow and presents a clear path for incremental income growth through rent optimization.
PROPERTY FACTS
| Price Per Unit | $150,000 | Building Class | C |
| Sale Type | Investment | Lot Size | 1.05 AC |
| Cap Rate | 8.44% | Building Size | 4,300 SF |
| No. Units | 5 | No. Stories | 2 |
| Property Type | Multifamily | Year Built | 1955 |
| Property Subtype | Apartment | Parking Ratio | 0.7/1,000 SF |
| Apartment Style | Low-Rise | ||
| Zoning | Residential | ||
| Price Per Unit | $150,000 |
| Sale Type | Investment |
| Cap Rate | 8.44% |
| No. Units | 5 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.05 AC |
| Building Size | 4,300 SF |
| No. Stories | 2 |
| Year Built | 1955 |
| Parking Ratio | 0.7/1,000 SF |
| Zoning | Residential |
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 5 | - | - |
PROPERTY TAXES
| Parcel Number | 63-037-086 | Improvements Assessment | $82,100 |
| Land Assessment | $125,000 | Total Assessment | $207,100 |
PROPERTY TAXES
Parcel Number
63-037-086
Land Assessment
$125,000
Improvements Assessment
$82,100
Total Assessment
$207,100
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