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Lancaster,PA 17603
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Coming Soon
Purchase Type For Sale
MLS Listing ID PALA2068144
Year Built 1988
Available Date 2025-05-15
Annual Tax Amount $111,103
Tax Year 2024
Lot Size 7.960 Acres
Property Sub-Type Five Or More Units
Property Description
Welcome to Charleston Townhouses—a rare opportunity to acquire a fully occupied, 68-unit townhome community in the heart of Manor Township, Lancaster County, PA. Situated on nearly 8 acres, this well-maintained, income-producing asset offers immediate scale and long-term upside in one of the region's most stable and growing rental markets.
Each spacious townhome comes with 2 or 3 bedrooms, private entrances, and in-unit laundry hookups, central air conditioning, with most units having undergone extensive renovations including updated kitchens, bathrooms, flooring, and fixtures. Tenants enjoy the convenience of separately metered utilities (electric and water), ample surface parking, and proximity to key amenities and major employers.
Charleston Townhouses benefits from a strong rent roll, low turnover, and significant demand drivers—including its location just 8 minutes from Millersville University and easy access to Route 30 and downtown Lancaster. With a stable cash flow and a professionally managed operation, this property presents an outstanding opportunity for investors seeking scale, yield, and growth potential.
Don't miss your chance to acquire one of the largest stabilized multifamily offerings in Lancaster County. This is the 1st time since construction this property is for sale.
Qualified Buyer's only. Please be respectful and do not drive through community and do not talk to tenants.
Location
State PA
County Lancaster
Area Manor Twp (10541)
Zoning RH
Interior
Hot Water Electric
Heating Forced Air,Heat Pump - Electric BackUp
Cooling Central A/C
Exterior
Garage Spaces 152.0
Utilities Available Cable TV Available,Electric Available,Sewer Available,Water Available
Water Access N
Roof Type Architectural Shingle,Asphalt
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Penn Manor
Others
Acceptable Financing Cash,Conventional
Listing Terms Cash,Conventional
Special Listing Condition Standard