Global Real Estate Advisors (GREA) is pleased to present the unique opportunity to acquire the fee simple interest in 931 North Trooper Road, a 5,245 square foot, six-unit multifamily property located in Eagleville, within Lower Providence Township, Montgomery County, Pennsylvania. Situated on a half-acre parcel along the highly traveled Trooper Road/Ridge Pike corridor, this asset consists of a well-balanced unit mix including (1) studio, (3) one-bedroom units, and (2) two-bedroom units. Originally constructed circa 1900, the Property offers a significant value add potential through light-to-moderate renovations, particularly in kitchens and baths, with the ability to increase current rental rates by approximately 15% to 20%.
Located in a stable and supply-constrained submarket, 931 North Trooper Road benefits from strong underlying market fundamentals. The surrounding area supports a growing population, with ±58,000 households within a two-mile radius and an average household income of about $130,000. The Property is situated within the highly regarded Methacton School District, providing access to well-ranked schools, including Eagleville Elementary, Skyview Upper Elementary, Arcola Intermediate, and Methacton High School, making it an attractive option for families.
Transportation and commuter connectivity further enhance the property’s appeal. The asset is positioned along Route 363/Ridge Pike commercial corridor and is within proximity to SEPTA suburban bus lines, offering connections to the Norristown Transportation Center and, subsequently, regional rail service into Center City Philadelphia and the surrounding suburbs. Additionally, its location near major employment hubs - including Montgomery County government offices, the Valley Forge corporate center, and King of Prussia business and retail district - drives consistent tenant demand.
With a flexible unit mix, strong demographics, strategic location, and clear value enhancement potential, 931 North Trooper Road represents an ideal acquisition for value-focused investors. The property delivers stable in-place income today, with upside available through operational improvements and unit renovations.