Commercial Sale - ALBURTIS, PA
Investment Opportunity! Large Commerical Strip Center in a central business district, Includes: Lodge/Tavern/Restaurant/Laundry/Apartments/parking lots/garages/houses/etc. Rentals 453,960/yr. expenses of 42,729.48 yielding a 411,230.52 net. Plus Sales at the Tavern are above 2.6 Million for additional profits or additional rental income as property owner. We have potential long term lease operator for the tavern's owner to be a passive operator if that is what you choose. This investment currently has a 12.45 cap rate with additional potential income. Most buildings have been completely renovated in the last four years! Tenants pay for most of their expenses and maintenance, consisting of 15 buildings,34-41 rental units, plus additional land parcels used for parking. This complex features a strong rental basis in a captive Borough market in Western Lehigh County. Owner may be traveling a lot between states in the near future and we are looking for a qualified property owner to continue the growth in this market.Confidentiality agreement requested.
Would you like more information regarding this property?
Please call (610) 766-7200.
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