Multifamily Conversion Opportunity

320 East Lincoln Avenue & 316 - 318 Rhodes Place New Castle, PA 16101

New Castle
FOR SALE
Property Type:
MultiFamily Apartments
Amount:
Please Call Broker for Price

Last Verified:
Nov 27, 2024

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Highlights

  • - Financially distressed property
  • - Over 60,000 SF spread across three buildings
  • - Must sell scenario
  • - Beauitful Grounds
  • - Ample Parking
  • - Prime location

Description

A tremendous value-add opportunity for a multi-family conversion directly behind the New Castle High School. This portfolio consists of three buildings on two parcels: a 71-bed personal care, 4-unit mansion, and 12-unit partially occupied apartment building. This financially distressed opportunity is under a wrap mortgage and must be sold in one transaction.

The subject sites are directly acrosse from New Castle High School and located on cross streets East Licolnn Ave and Rhodes Place in New Castle.

Building Size: 60000sq ft
Lot Size: 2.91 acres


Documents

Portfolio 2.14.24.pdf

Map of 320 East Lincoln Avenue & 316 - 318 Rhodes Place, New Castle, PA, 16101

Presented by:
Totum Realty Advisors

Request additional information
Paige Myers


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