• Willow Grove Apartments - 11 Park Ave, Willow Grove, PA 19090

For Sale

Multi-Family

For Sale

This property is available for sale
0.5
Acres
$1,200,000
Sale Price
  • Year Built
    1900
  • Total Building Size
    15,000 RSF
  • Overview

    KW Commercial is pleased to present the opportunity to acquire Willow Grove Apartments in Willow Grove, PA. There are 44 rental units total including 8 efficiencies, 35 individual rooms, 20 bathrooms and a newly renovated commercial storefront with a tenant currently in year two of a five year lease. The property has a current waiting list of 50+ renters due to its A+ location and unique rental structure. It is a Rooming House. It is rented weekly by the room, and there is a huge market for this type of rental with no competition in the surrounding area. There is tremendous upside in raising the income generated by this asset with minimal capital expenditure requirements.

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Property Details

KW Commercial is pleased to present the opportunity to acquire Willow Grove Apartments in Willow Grove, PA. There are 44 rental units total including 8 efficiencies, 35 individual rooms, 20 bathrooms and a newly renovated commercial storefront with a tenant currently in year two of a five year lease. The property has a current waiting list of 50+ renters due to its A+ location and unique rental structure. It is a Rooming House. It is rented weekly by the room, and there is a huge market for this type of rental with no competition in the surrounding area. There is tremendous upside in raising the income generated by this asset with minimal capital expenditure requirements.

  • Property Type
    Multi-Family
  • Year Built
    1900
  • Sale Price
    $1,200,000
  • Total Building Size
    15,000RSF
  • Total Acres
    0.5
  • Property ID
    2161569

Landlord's Sales Representative

  • Brady Carroll
    Tru Agent Real Estate