6-Unit Investment with Short-Term Rentals
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Listing was updated on: 12/13/2020
Property Overview
| Price/Rent PSF | $ 599,000.00 |
| Asset Type | Multifamily |
| Trade Type | Sale |
| SQ. FT. Available | 3,727 |
| Date Available | 12/06/2020 |
| Additional URL | Link |
| Floors | 1 |
| Additional parameters | Show |
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Description
Location
Pocono Pines is located in the heart of the Pocono Mountains and is home to the communities of Lake Naomi and Pinecrest Lake. The Pocono Mountains, which has 27.9 million visitors each year, is approximately 2 hours from Philadelphia, Harrisburg or Trenton and 1.5 hours from New York City. Travel spending exceeds $3.3 billion annually of which 19% is on food and beverage. The Poconos features more than 30 golf courses, 4 indoor waterparks, abundant shopping centers and various seasonal recreational activities. Major area developments include the proposed $400 million Pocono Springs Entertainment Village, the 130,000 square foot expansion of Kalahari Resort’s convention center, and the new Harley Davidson dealership.
Sale
KW Commercial, The Daniel Perich Group is offering this investment property for sale in Pocono Pines. The 6-unit property comprises of 2 short-term cottage rentals, 3 long-term rentals and one owner-occupied dwelling. Desirable location near Lake Naomi. Newly renovated cottages with mostly new roofs, windows, flooring and appliances.
Location