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601-609 Country 601-609 Country Ln 10 Unit Apartment Building $2,450,000 ($245,000/Unit) 7.34% Cap Rate Morton, PA 19070
EXECUTIVE SUMMARY
Prime Investment Oppurtunity. Located in Morton, Pa with Springfield School District. Trash & Sewar based on Consumption. One contiguous building containing 5 duplexes with 2 units each, for a total of 10 units. Cannot be Sold Sepratly.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access
| 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 | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
| Price | $2,450,000 | Building Class | C |
| Price Per Unit | $245,000 | Lot Size | 0.47 AC |
| Sale Type | Investment | Building Size | 8,250 SF |
| Cap Rate | 7.34% | Average Occupancy | 100% |
| Gross Rent Multiplier | 11.8 | No. Stories | 2 |
| No. Units | 10 | Year Built/Renovated | 1985/2024 |
| Property Type | Multifamily | Parking Ratio | 2.79/1,000 SF |
| Property Subtype | Apartment | Cross Streets | Sycamore |
| Apartment Style | Low-Rise | ||
| Zoning | R-20 Two Family/ - STY DUPLEX 30 X 46 LOT 45 | ||
| Price | $2,450,000 |
| Price Per Unit | $245,000 |
| Sale Type | Investment |
| Cap Rate | 7.34% |
| Gross Rent Multiplier | 11.8 |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.47 AC |
| Building Size | 8,250 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built/Renovated | 1985/2024 |
| Parking Ratio | 2.79/1,000 SF |
| Cross Streets | Sycamore |
| Zoning | R-20 Two Family/ - STY DUPLEX 30 X 46 LOT 45 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Dishwasher
- Washer/Dryer Hookup
- Refrigerator
- Oven
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1.5 | 10 | $1,700 | - |
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VIDEOS
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Presented by
Acquest Real Estate Inc.
601-609 Country 601-609 Country Ln
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