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- LoopNet Team
71 Dreamland Park Dr
Fleetwood, PA 19522
Homes at Dreamland Park, Fleetwood PA · Multifamily Property For Sale · 9 Units
Investment Highlights
- Five existing buildings, 9 rental units producing income
- Three on-site septic systems, water is shared via single well system
- Small stream through the center of the property, used to be a small lake for fishing, bathing
- long gravel driveway with mixed wooded and cleared land
PROPERTY FACTS
| No. Units | 9 | Building Size | 15,000 SF |
| Property Type | Multifamily | Average Occupancy | 20% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Garden | Year Built/Renovated | 1930/1990 |
| Building Class | C | Parking Ratio | 8.33/1,000 SF |
| Lot Size | 18.00 AC |
| No. Units | 9 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Garden |
| Building Class | C |
| Lot Size | 18.00 AC |
| Building Size | 15,000 SF |
| Average Occupancy | 20% |
| No. Stories | 2 |
| Year Built/Renovated | 1930/1990 |
| Parking Ratio | 8.33/1,000 SF |
Unit Amenities
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Tub/Shower
Site Amenities
- Zen Garden
About 71 Dreamland Park Dr , Fleetwood, PA 19522
This unique opportunity for creative investors consists of 3 parcels totaling over 16.31 Acres, including five residential rented buildings and several out buildings from a former amusement park. The rented buildings include three single-family homes, a two unit, and a four unit. These homes share well water, three septic systems, and a large common driveway with ample parking. The undeveloped land surrounding these homes is the former home of Dreamland Park, an amusement park from the 40's through the 60's. Several buildings have collapsed, but a few remain in surprisingly good condition. As it is now, the property produces income, NOI of nearly $30,000 but with further development, could produce more, projected NOI of $72,000! Development opportunities include separating a parcel for a single family home site, as well as revitalizing some of the old park buildings and using them for possible horse related activities.
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1 | 6 | $900.00 | - |
| 3+1 | 2 | $925.00 | - |
| 4+1 | 1 | $1,075 | - |
zoning
| Zoning Code | R1 (Residential zoning, Park is permitted non-conforming. Horses permitted, as well as public park/ recreation. existing rentals permitted) |
| R1 (Residential zoning, Park is permitted non-conforming. Horses permitted, as well as public park/ recreation. existing rentals permitted) |
