An opportunity to invest in the thriving Lancaster market! This offering consists of 2 nearly adjacent properties, featuring 15 units in total. These units consist of 3 apartments, and 12 rooms that share common areas such as kitchens and baths. New renovations throughout and professional management make this an appealing, turn key property. It's fully licensed and generally managed just like a traditional apartment building while addressing one of Lancaster's highest demand markets; truly affordable housing. At an 8% cap rate based on current performance, this provides a great cash flow opportunity for your portfolio. More info to come, including professional photos...
Listing courtesy of Astoria Realty Advisors LLC. Contact: 7174256264
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