5104 Fairfield Rd - Apartments FOR SALE


Fairfield, PA 17320
$722,000 USD
717-819-2825
5104 Fairfield Rd, Fairfield, PA for Sale
$722,000 USD
Apartments - FOR SALE
1/14
null | 8.12% Cap Rate

5104 Fairfield Rd
Fairfield, PA 17320


HIGHLIGHTS

  • Established 11-unit mid-term rental property
  • Located in Gettysburg travel market
  • 1 mile to Liberty Mountain Ski Resort
  • Just updated & turnkey

OVERVIEW

Established mid-term rental property in the desirable Gettysburg travel market. Property includes 10 single room rentals, each with an attached bath. Each room has a microware, fridge, table & chairs, queen bed and space to spread out. The rooms rent for an average of $925 per month. Also included is a house with five bedrooms, 2 ½ bathrooms, 2 car garage, and a framed attic for an additional bedroom/bath. The house is rented on a 1-year lease at $1,875 per month. The property has recently received over $136,000 in upgrades and improvements, and has been well maintained. Each private room rental is rented for seven days or longer, with many stays that are 6-9 months. The property is provided furnished to residents.

FOR SALE DETAILS

PRICE

$722,000 USD

PRICE/SF

$114 USD /SF

# OF UNITS

11

PRICE/UNIT

$65,636

CAP RATE

8.12%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fairfield Lodge

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1952

PARKING SPACES

13

LAND DETAILS

LAND ACRES

2.24 AC

LAND SF

97,574 SF

ZONING

R3

APN/PARCEL ID

18-C16-0018-000

ASK ABOUT THIS PROPERTY

Naomi BrownCapstone CommercialMore Info
717-819-2825

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Naomi BrownCapstone CommercialMore Info
717-819-2825

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