Successful Exit: 2066 Chester Rd (9 units)
Deal Overview
This 9-unit, Class A, apartment complex is broken down as: (7) 2BR/1.5BA and one (2) 1BR/1BA. Situated on a sizable plot of land, the property features nine units under a new roof, with designated parking spots and laundry facilities for each tenant. Located on a serene street across from Freedom High School, with nearby police stations and churches, the property is fully occupied by dependable tenants. Various units have received upgrades, including new kitchens, cabinets, stainless steel appliances, bathrooms, vanities, showers, bedrooms, paint, water heaters, and electrical systems.
Date Sold: 09/27/2024
Date Acquired: 02/29/2024
Profit Percentage: 15.8%
Holding Period in Days: 211
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.