2312 S 5th St - Self-Storage Facilities FOR SALE


Allentown, PA 18103
$825,000 USD
570-213-4900
2312 S 5th St, Allentown, PA for Sale
$825,000 USD
Self-Storage Facilities - FOR SALE
1/57
null | 7.68% Cap Rate

2312 S 5th St
Allentown, PA 18103


OVERVIEW

Discover a lucrative investment opportunity offered by The Daniel Perich Group of KW Commercial Real Estate. Located in the heart of Allentown, this property features a 36-unit storage facility alongside three residential apartments. Spanning 11,685 square feet, the building presents immense potential with rents currently below market rates. The storage units, including 5x10 spaces, are competitively priced, offering immediate revenue growth potential. Additionally, all residential units boast electric heating and cooking, each with individual meters. Recent capital expenditures have enhanced the property's value, with all apartments undergoing renovations to attract discerning tenants.

FOR SALE DETAILS

PRICE

$825,000 USD

PRICE/SF

$71 USD /SF

CAP RATE

7.68%

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Self-Storage Facilities

TOTAL BUILDING SIZE

-

STORIES

3

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

6

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

R-L

APN/PARCEL ID

640651803000-1

ASK ABOUT THIS PROPERTY

Daniel PerichThe Daniel Perich Group of KW CommercialMore Info
570-213-4900

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Daniel PerichThe Daniel Perich Group of KW CommercialMore Info
570-213-4900

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