10 Club 40 rd - Apartments FOR SALE


Hazleton, PA 18201
$8,250,000 USD
267-838-6878
10 Club 40 rd, Hazleton, PA for Sale
$8,250,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

10 Club 40 rd
Hazleton, PA 18201


HIGHLIGHTS

  • An exceptional investment opportunity in Hazleton, PA!
  • Prime 55-Acre Development Site in Hazleton, PA – for 660 Apartment Units
  • Excellent Road Frontage – The property boasts 2,000 feet of frontage, ensuring visibility and accessibility.
  • This site is perfectly positioned to meet the rising demand for quality housing.
  • Strategic Location – Situated within a 10-mile radius of 30 million+ square feet of warehouse space (built or under construction), creating a strong d
  • With major logistics, distribution, and industrial developments driving employment in the region,

OVERVIEW

Slopping and wooded and needs to be improved. Prime 55-Acre Development Site in Hazleton, PA – for 660 Apartment Units An exceptional investment opportunity in Hazleton, PA! This 55-acre parcel of raw land for a 660-unit apartment complex, offering a rare chance to develop much-needed housing in a rapidly growing area. Key Highlights: - Development – Ownership is working through plans for 660 apartment units. -No Excess Fees – No open space fees, recreation fees, or off-site contribution fees. -Efficient Site Work Costs – Approx. $16,000 per door. -Strategic Location – Situated within a 10-mile radius of 30 million+ square feet of warehouse space (built or under construction), creating a strong demand for housing. -Limited Competition – The area has seen no recent apartment developments, presenting a unique opportunity to fill a major housing gap. - Excellent Road Frontage – The property boasts 2,000 feet of frontage, ensuring visibility and accessibility. -Partial LERTA – Ownership has secured a partial tax abatement, enhancing the financial feasibility of the project. -Natural Topography – The sloping terrain provides an ideal setting for a well-planned residential community. With major logistics, distribution, and industrial developments driving employment in the region, this site is perfectly positioned to meet the rising demand for quality housing. Don’t miss this rare opportunity to capitalize on a high-growth market!

FOR SALE DETAILS

PRICE

$8,250,000 USD

PRICE/SF

$825 USD /SF

# OF UNITS

660

PRICE/UNIT

$12,500

CAP RATE

Request Cap Rate

% LEASED

-

STATUS

Proposed

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2026

PARKING SPACES

-

LAND DETAILS

LAND ACRES

55 AC

LAND SF

2,395,800 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brandon BlueUS Realty Associates IncMore Info
267-838-6878

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Brandon BlueUS Realty Associates IncMore Info
267-838-6878

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.