203-561-8737
2018 N 5th St, Harrisburg, PA for Sale
Apartments - FOR SALE
1/6
null | Request Cap Rate

2018 N 5th St
Harrisburg, PA 17102
Midtown Harrisburg


HIGHLIGHTS

  • Value add by bringing vacant units online
  • HUD housing opportunity
  • Assumable HUD financing available

OVERVIEW

Bankruptcy Sale: US Bankruptcy Court for the Middle District of Pennsylvania (Harrisburg), Petition No: 1:23-bk-00988 | In re: Uptown Partners, LP. Hilco Real Estate announces a bid deadline of November 30 for this low-income, multifamily housing opportunity. On-site inspections will be held October 26 and November 9 at 11 a.m. (ET), by appointment only. Located in Pennsylvania’s history-rich capital city of Harrisburg, The Residences at Governor’s Square has one-, two- and three-bedroom townhouse and garden-style apartments set in a residential neighborhood with views of the capital building. Governor’s Square is just blocks away from the Capital Area Greenbelt which is a 20-mile loop trail along the Susquehanna River. These properties are just a short walk to the center of the capital where commerce, recreation, shopping, dining and entertainment are abundant. Nearby transportation services include the Harrisburg Bus Station, the Amtrak Station and Capital City Airport. Proximity and easy access to Interstates 81 and 83 make for an ideal commute to outlying counties for employment, travel and leisure. This portfolio represents a significant opportunity to own 222 rental units spread between 27 buildings. These properties can increase an owners existing portfolio or quickly establish a new operator. These properties have a waiting list to occupy and with new ownership there is opportunity to add value by bringing vacant units back online to begin generating revenue.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

222

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Residences at Governor's Square

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1982

PARKING SPACES

-

LAND DETAILS

LAND ACRES

8.64 AC

LAND SF

376,443 SF

ZONING

-

APN/PARCEL ID

10-025-072,10-026-030,10-026-033,10-026-048,10-026-051,10-026-064,10-026-071,10-026-088,10-026-091,10-026-093,10-032-037,10-032-038,10-032-045,10-032-049,10-032-052,10-033-013,10-033-015,10-033-020,10-033-030,10-033-034,10-033-044,10-033-055,10-033-056,10-040-001,10-040-021,10-040-026,10-040-029,10-040-033,10-040-037,10-040-041,10-040-045,10-040-051,11-004-019,11-004-066,11-004-067,11-004-068,11-005-083,11-010-003,11-010-006,11-010-129

ASK ABOUT THIS PROPERTY

Jonathan CuticelliHilco Real EstateMore Info
203-561-8737

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Jonathan CuticelliHilco Real EstateMore Info
203-561-8737

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