101 E High St - Apartments FOR SALE


Pottstown, PA 19464
$2,800,000 USD
215-608-3734
101 E High St, Pottstown, PA for Sale
$2,800,000 USD
Apartments - FOR SALE
1/6
null | 6.6% Cap Rate

101 E High St
Pottstown, PA 19464


HIGHLIGHTS

  • 23-unit mixed-use multifamily asset with retail component
  • Projected 7.58% Year 1 cap rate at asking price
  • Efficient expense structure with ~38% Year 1 expenses
  • Immediate value-add opportunity through rent increases and renovations
  • Prime transit access — 1-minute walk to Pottstown Amtrak Station
  • Strong connectivity via Route 422 and Route 100 to King of Prussia & Philadelphia

OVERVIEW

Trophy Commercial Real Estate is pleased to present 101 E High Street, a 23-unit mixed-use multifamily asset located in the heart of Downtown Pottstown, PA. This 24,928 square foot property features 23 residential units over ground-floor commercial space, offering immediate in-place cash flow with multiple value-add opportunities. New ownership can continue the renovation program currently underway, driving rent growth through interior upgrades and modernization. The residential units feature generous layouts, many with both dining and family room areas, supporting historically strong occupancy and tenant retention. The asset has also benefited from recent capital improvements, including updates to the roof, elevator, boiler, and electrical systems within the last five years.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/SF

$117 USD /SF

# OF UNITS

23

PRICE/UNIT

$121,739

CAP RATE

6.6%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1910

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.14 AC

LAND SF

6,142 SF

ZONING

CB, Pottstown Boro

APN/PARCEL ID

16-00-14652-002

ASK ABOUT THIS PROPERTY

Saam TashayyodTrophy Commercial Real EstateMore Info
215-608-3734

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Saam TashayyodTrophy Commercial Real EstateMore Info
215-608-3734

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.