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Mountaindale Apts-20 Luxury Condo-Style Units 1700 Mountainview Rd

20 Unit Apartment Building $6,121,050 CAD ($306,052 CAD/Unit) Harrisburg, PA 17110

Investment Highlights

  • Each unit has a one car garage.
  • Wooded, quiet setting.
  • SPACIOUS units with plenty of area for storage.
  • On site swimming pool.
  • Each unit has a deck/balcony.

Executive Summary

Mountaindale Apartment Community features twenty (20) luxury condo-style units situated on 4.5 acres of beautiful mountain landscape. Adjacent to one of Harrisburg’s most prestigious single family communities, Mountaindale is located just off the Linglestown Road corridor, easily accessible from I-81, I-83, and is just minutes from downtown Harrisburg. CA required. Existing CAP Rate: less than 4. Sale price is based on proforma.

Data Room Click Here to Access

Financial Summary (Pro forma - 2022) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $99,999 $9.99
Other Income $99,999 $9.99
Vacancy Loss $99,999 $9.99
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Pro forma - 2022) Click Here to Access

Gross Rental Income (CAD)
Annual $99,999
Annual Per SF $9.99
Other Income (CAD)
Annual $99,999
Annual Per SF $9.99
Vacancy Loss (CAD)
Annual $99,999
Annual Per SF $9.99
Effective Gross Income (CAD)
Annual $99,999
Annual Per SF $9.99
Taxes (CAD)
Annual $99,999
Annual Per SF $9.99
Operating Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Total Expenses (CAD)
Annual $99,999
Annual Per SF $9.99
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts In Escrow

Price $6,121,050 CAD
Price Per Unit $306,052 CAD
Sale Type Investment
No. Units 20
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class C
Lot Size 4.42 AC
Building Size 21,651 SF
Average Occupancy 100%
No. Stories 1
Year Built 1960
Parking Ratio 3.23/1,000 SF

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Fireplace
  • Microwave
  • Washer/Dryer
  • Heating
  • Double Vanities
  • Refrigerator
  • Range
  • Walk-In Closets
  • Carpet
  • Deck
  • Dining Room
  • Family Room
  • Island Kitchen

Site Amenities

  • 24 Hour Access
  • Picnic Area
  • Trash Pickup - Curbside

About 1700 Mountainview Rd , Harrisburg, PA 17110

Private balconies / patios One care garage with opener Electric heat & Central Air Full size washer and dryer Wood burning fireplace in select units Spacious bedrooms with large closets Refrigerator & range Dishwasher & microwave in select units Onsite pool for use by Mountaindale Apartment tenants. Building Descriptions: Building Configuration: Three (3) Two (2) Story Buildings Units: One Bedroom: Two (2) Two Bedroom: Eighteen (18) Unit SF: 1,300 sf to – 2,160 sf (see attachment with floor plans) Acreage: 4.42 Rental Range: $1,100 - $1,600 Parking: 1 Car Garage per Unit HVAC: Electric heat /Central Heat

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 2 - -
2+2 18 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
62-055-031
Land Assessment
$377,114 CAD (2024)
Improvements Assessment
$1,266,575 CAD (2024)
Total Assessment
$1,643,690 CAD (2024)
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2022

zoning

Zoning Code Residential
Residential
  • Listing ID: 17157722

  • Date on Market: 2019-09-10

  • Last Updated:

  • Address: 1700 Mountainview Rd, Harrisburg, PA 17110

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