133-Unit Townhouse Portolio Multi-Family FOR SALE


Carlisle, PA
$20,858,338 USD
717-713-7437
, Carlisle, PA for Sale
$20,858,338 USD
Multi-Family - FOR SALE
1/1
null | 7.1% Cap Rate

133-Unit Townhouse Portolio
Carlisle, PA


HIGHLIGHTS

  • Seven properties comprising 133 well-maintained townhouse-style apartments.
  • High historical occupancy and proven rental performance within a growing market.
  • Newer metal roofs and low deferred maintenance with landlord-responsible structure.
  • Proximity to major routes: Interstate 81 and Pennsylvania Turnpike enhance connectivity.
  • Competitive rents and off-street parking, supporting tenant retention.
  • Located in a region with diverse employment and demographic growth trends.

OVERVIEW

This unique investment opportunity offers a 133-unit multifamily portfolio across seven properties in Carlisle, PA. These carefully maintained, townhouse-style apartments deliver reliable performance with spacious two-bedroom, one-bath layouts averaging approximately 960 SF each. Most units include full basements with washer/dryer connections, and several enhancements have been made, including newer metal roofs installed roughly a decade ago, reducing near-term capital needs. Located in the expanding Harrisburg-Carlisle MSA, the properties sit near major interstate highways including I-81 and the Pennsylvania Turnpike, ensuring excellent regional connectivity. Carlisle’s steady population growth and strong employment drivers, paired with the area’s diverse economic base, provide long-term rental demand stability and future upside. This single-owner portfolio has sustained high occupancy rates and consistent cash flow, presenting an attractive acquisition for investors seeking scale in a well-managed, supply-constrained suburban submarket. Financially, the portfolio demonstrates a proforma cap rate of 7.1% with stabilized value of approximately $21 million, underpinned by highly competitive rents below new market entrants. Offered as a portfolio sale, the asset provides immediate income with meaningful operational efficiency potential across its various complexes.

ASK ABOUT THIS PROPERTY

Pamela FisherNAI CIRMore Info
717-713-7437

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Pamela FisherNAI CIRMore Info
717-713-7437

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