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Former Shamrock Hotel & Restaurant 300 Kennedy Ave

9 Unit Apartment Building $1,421,628 CAD ($157,959 CAD/Unit) 8.49% Cap Rate Mertztown, PA 19539

Investment Highlights

  • Peaceful Country Setting and still convenient to Berks and Lehigh Valley areas

Executive Summary

Excellent Opportunity. Multi-unit property includes large former Hotel that has been converted to apartments, along with two detached residential rental units and an additional potential storage garage unit.

Property Facts

Price $1,421,628 CAD
Price Per Unit $157,959 CAD
Sale Type Investment
Cap Rate 8.49%
No. Units 9
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Size 7,000 SF
No. Stories 2
Year Built 1870

zoning

Zoning Code R - Rural
R - Rural
  • Listing ID: 34331159

  • Date on Market: 2024-12-31

  • Last Updated:

  • Address: 300 Kennedy Ave, Mertztown, PA 19539

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