Investments Sales Management

826 HAMPDEN COURT

READING , PA 19604

MLS#: PABK2060528

$140,000

Status: Active
Listing number: PABK2060528
Listing provided by: KW Commercial
Listing agent phone: None
Last update: 15 days ago
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Property

Beds

None

Full Baths

None

1/2 Baths

None

Year Built

1900

Sq.Footage

N/A

Excellent value-add opportunity with 17 self-storage units in Reading, PA. This low-maintenance property offers a diverse unit mix, including (2) 10x10 units, (1) 9x13 unit, (11) 9x17 units, and (1) 12x60 unit with power. Current net operating income is $8,073.18, with a pro forma NOI of $24,663.00. Current CAP rate is 5.8%, with a projected pro forma CAP of 18%. This property is part of a larger portfolio of over 500 self-storage units/parking/commercial units currently offered for sale and presents significant upside for an operator focused on lease-up and efficient management. With minimal maintenance and low overhead, the site is well-positioned for increased revenue. The powered oversized unit offers unique appeal to contractors or commercial tenants and should lease quickly. Ideal for investors seeking steady income with meaningful growth potential. Additional properties in the portfolio include: 826 Hampden – 17 units 824 Ritter – 13 units 511 Birch – 10 units 340 Locust – 18 units 333 Lombard – 34 units 1536 Haak – 36 units 625 N. 13th – 22 units 1128 Pike – 34 units 1200 N 9th Street – 66 units 306 N 13th Street – 1 unit 1541 Fairview – 8 units 635-R Weiser – 1 unit 521 S 16th Street – 10 units 328 Chestnut – 8 units 1214 Weimer – 10 units 741 Church – 12 units 330 Robeson - 1015 Rose – 96 units 364 Blair – 86 units

Features & Amenities

Interior

  • Total Bedrooms

    N/A

  • Bathrooms

    N/A

  • Cooling YN

    NO

  • Cooling

    None

  • Heating YN

    NO

  • Heating

    None

Exterior

  • Garage

    No

  • Construction Materials

    Brick

  • Parking

    Garage

  • Pool

    No

  • Waterfront YN

    NO

Area & Lot

  • Lot Size(acres)

    0.08

  • Property Type

    Commercial Sale

Price

  • Sales Price

    $140,000

  • Tax Amount

    721.0

  • Sq. Footage

    N/A

  • Price/SqFt

    N/A

HOA

  • Association

    No

School District

  • Elementary School

    N/A

  • Middle School

    N/A

  • High School

    N/A

Property Features

  • Stories

    1

  • Sewer

    Public Sewer

  • Tax Lot

    8917

  • Water Source

    Public

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Listing Courtesy of Beau McGettigan , KW Commercial

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Agent TheresaKehler

Owner, President, Investment Property Advisor

TheresaKehler

Call Theresa today to schedule a private showing.

(215) 605-9647

theresa@tntrealestatesolutions.com


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Excellent value-add opportunity with 17 self-storage units in Reading, PA. This low-maintenance property offers a diverse unit mix, including (2) 10x10 units, (1) 9x13 unit, (11) 9x17 units, and (1) 12x60 unit with power. Current net operating income is $8,073.18, with a pro forma NOI of $24,663.00. Current CAP rate is 5.8%, with a projected pro forma CAP of 18%. This property is part of a larger portfolio of over 500 self-storage units/parking/commercial units currently offered for sale and presents significant upside for an operator focused on lease-up and efficient management. With minimal maintenance and low overhead, the site is well-positioned for increased revenue. The powered oversized unit offers unique appeal to contractors or commercial tenants and should lease quickly. Ideal for investors seeking steady income with meaningful growth potential. Additional properties in the portfolio include: 826 Hampden – 17 units 824 Ritter – 13 units 511 Birch – 10 units 340 Locust – 18 units 333 Lombard – 34 units 1536 Haak – 36 units 625 N. 13th – 22 units 1128 Pike – 34 units 1200 N 9th Street – 66 units 306 N 13th Street – 1 unit 1541 Fairview – 8 units 635-R Weiser – 1 unit 521 S 16th Street – 10 units 328 Chestnut – 8 units 1214 Weimer – 10 units 741 Church – 12 units 330 Robeson - 1015 Rose – 96 units 364 Blair – 86 units

826 HAMPDEN COURT

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None Beds

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None Baths

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