Successful Exit: 48-50 West Ridge (6 units)
Deal Overview
The 48-50 E Ridge Apartments feature four residential units and two commercial storefronts including main street staple, Bruch Eye Care Associates. Multiple units have been renovated with some new appliances, fresh paint, new carpet, new hardwood, and new kitchens. There are three 2BR/1BA units and one spacious 1BR/1BA. This property has stunning curb appeal and is located next to a BRAND NEW St. Luke's Hospital Facility as well as many other main street businesses.
Date Sold: 12/22/2024
Date Acquired: 05/30/2023
Profit Percentage: 31.86%
Holding Period in Days: 206
Interested in co-owning this property with us? Schedule a 1:1 call with us to learn more.
The Lehigh Valley Private Equity Fund, LVPEFUND, is proud to announce the acquisition of The Posofa Apartments, located in Landsford, PA.
We are excited to announce our latest acquisition: a prime 10-unit multifamily property in the heart of downtown Bethlehem.
The Lehigh Valley Private Equity Fund, LVPEFUND, is proud to announce the acquisition of The Posofa Apartments, located in Landsford, PA.
Join our new acquisitions of two Lansford properties that boast of a combined total of 16 cash-flowing units generating around $260,000 gross with a blended Cap rate of approximately 16%.
The Lehigh Valley Private Equity Fund, LVPEFUND, is proud to announce the acquisition of The Posofa Apartments, located in Landsford, PA.
The Lehigh Valley Private Equity Fund, LVPEFUND, is proud to announce the acquisition of The Posofa Apartments, located in Landsford, PA.
The Lehigh Valley Private Equity Fund, LVPEFUND, is proud to announce the acquisition of the Ridge Apartments, located in Landsford, PA.
The fund recently purchased tthe Susquehanna St. Apartments in Allentown, PA as part of its buy and hold strategy. All 16 units have 2 Bedrooms, 1.5 Baths and are very spacious.