Condemned to City Gem, Join Our Next BIG Multifamily Acquisition.
Deal Overview
The Lehigh Valley Private Equity Fund, LVPEFUND, is proud to announce the acquisition of the Ridge Apartments, located in Lansford, PA. The purchase features 6 residential and 2 commercial units. This 8-unit multi-family has all luxury upgrades including NEW hardwood flooring, NEW carpets, Fresh paint, all modern kitchens with custom cabinets & stainless steel appliance suite, custom countertops, high-end lighting fixtures, NEW PEX plumbing, Brand new electrical, ALL NEW WINDOWS, & updated ROOF. The Basement will be converted to individual storage units and coin-operated laundry for extra revenue. The purchase price used in this pro forma includes the rehab costs.
Within the first 45 - 60 days of acquisition, the fund plans to complete the remaining units, obtain a clear certificate of occupancy, and then stabilize with full occupancy. The property will be re-rented to new tenants at market rates. The fund projects these units will increase from a combined $7,200/mo to $10K+/mo. Fund projects that this property will go from a ~9% cap rate to ~16%.
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.