3628 Orkney Rd - Apartments FOR SALE


Mountville, PA 17554
$620,000 USD
717-731-1990
3628 Orkney Rd, Mountville, PA for Sale
$620,000 USD
Apartments - FOR SALE
1/1
null | Request Cap Rate

3628 Orkney Rd
Mountville, PA 17554


HIGHLIGHTS

  • Average rental rate of $1,240 per unit (approx. 15-20% below market).
  • Potential to immediately mark below market rents to market.
  • Recent renovations include new flooring, paint, appliances, roof, mechanicals.
  • Consistent rental demand in the area with close proximity to places of employment, entertainment, and medical.

OVERVIEW

Landmark Commercial Realty is pleased to offer a prime investment opportunity to purchase a 4-unit, 2,900 SF standalone multi-family building in Mountville, PA. Three of the four units have been recently renovated with new flooring, paint, and appliances, and the roof and mechanicals have been updated. Each unit, averaging 725 SF, includes 2 bedrooms, 1 full bathroom, and a stacked washer/dryer. The property provides eight off-street parking spaces (2 per unit). The current average rent is $1,250 per month, with tenants paying for electric. Similar Class B+ 2-bedroom units in the area rent for $1,400-$1,600, indicating potential for rent growth with professional management. Unit A remains unrenovated, offering additional value-add opportunity. The property sits on a 0.55-acre lot between the Mountville and Prospect Road Exits on Route 30. Located on a quiet, well-maintained street, it offers easy access to major highways, local amenities, and public services. Built in 1979 with durable vinyl siding, the building requires minimal upkeep. Tenants enjoy proximity to employment centers, shopping, restaurants, healthcare facilities, and outdoor spaces, including parks and trails. This location offers strong rental demand and investment potential.

FOR SALE DETAILS

PRICE

$620,000 USD

PRICE/SF

$214 USD /SF

# OF UNITS

4

PRICE/UNIT

$155,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

R-3

APN/PARCEL ID

300-75990-0-0000

ASK ABOUT THIS PROPERTY

Mike Rohm CCIM, MAILandmark Commercial RealtyMore Info
717-731-1990

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Mike Rohm CCIM, MAILandmark Commercial RealtyMore Info
717-731-1990

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