36-Unit Storage Facility with 3 Apartments
2312 S 5th St
Allentown, PA 18103
Highlights
- Located in the heart of Allentown, offering prime accessibility
- Storage and residential rents currently below market rates
- Competitive pricing for storage units, with potential for increased revenue
- Residential units equipped with electric heating and cooking, each with individual meters
- Recent capital expenditures to enhance property value
- All apartments renovated, appealing to discerning tenants
Description
Discover a lucrative investment opportunity offered by The Daniel Perich Group of KW Commercial Real Estate. Located in the heart of Allentown, this property features a 36-unit storage facility alongside three residential apartments. Spanning 11,685 square feet, the building presents immense potential with rents currently below market rates. The storage units, including 5x10 spaces, are competitively priced, offering immediate revenue growth potential. Additionally, all residential units boast electric heating and cooking, each with individual meters. Recent capital expenditures have enhanced the property's value, with all apartments undergoing renovations to attract discerning tenants.
Discover the vibrant city of Allentown, PA, where industrial and self-storage investors thrive. This bustling area is home to an array of attractions and amenities, including the Da Vinci Science Center and the Allentown Art Museum. With its strategic location providing easy access to major transportation routes, Allentown is a prime hub for industrial and self-storage investment opportunities. The area is also rich in dining and entertainment options, offering a dynamic environment to attract potential tenants and customers. Embrace the potential of this thriving location and capitalize on the exciting investment prospects it has to offer.
