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750 N 8th St
Sunbury, PA 17801
Riverview Apartments · Multifamily Property For Sale
·
46 Units
PROPERTY FACTS
| No. Units | 46 | Lot Size | 1.90 AC |
| Property Type | Multifamily | Building Size | 38,164 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1950 |
| Building Class | C | Parking Ratio | 0.52/1,000 SF |
| Zoning | R-2 | ||
| No. Units | 46 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 1.90 AC |
| Building Size | 38,164 SF |
| No. Stories | 2 |
| Year Built | 1950 |
| Parking Ratio | 0.52/1,000 SF |
| Zoning | R-2 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Storage Space
- Washer/Dryer
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Walking/Biking Trails
- Public Transportation
- Walk-Up
- Smoke Detector
ABOUT 750 N 8TH ST , SUNBURY, PA 17801
For additional details about this property, please contact listing agent Will Riter at 215-531-7059 or William.Riter@marcusmillichap.com. Riverview Apartments is a 46-unit garden-style apartment complex located in Sunbury, Northumberland County, Pennsylvania. The town of Sunbury is located 55 miles north of Harrisburg, and 138 miles northwest of Philadelphia. The property is proximate to UPMC Susquehanna Sunbury Hospital, Weis Markets Corporate Headquarters, Susquehanna University, and Routes 11/15. The property consists of 6 one-bedroom units and 40 two-bedroom units. The complex offers ample off-street parking and coin-operated laundry for tenant convenience. Tenants are responsible for electric. Over the past few years, the seller has completed numerous upgrades, including a new rubber roof, new windows, new hot water heaters, and new appliances. The seller also utilized PPL electric credits and updated lighting and appliances in all units. Situated along the Susquehanna River, Riverview Apartments provides investors a high-yield garden-style apartment complex. The property features strong historical occupancy in a market with limited apartment supply. Riverview Apartments offers investors the opportunity to purchase a stabilized asset with significant upside in closing the loss-to-lease gap.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | $472.50 | 650 |
| 2+1 | 40 | $555.00 | 800 |
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $136,180 | |
| Land Assessment | $36,920 | Total Assessment | $173,100 |
PROPERTY TAXES
