Investment Overview

Marcus & Millichap is pleased to present for sale The Coatesville Portfolio, which is comprised of two properties located in the City of Coatesville, totaling 14 apartments and one ground-floor retail space. The portfolio contains one commercial unit, 5 one-bedroom units and 9 two-bedroom units. Both properties are in great condition, since the owner has gut renovated both the buildings in the past five years. The units feature hardwood flooring, stainless steel appliances and central heating and air conditioning. The owner is responsible for common area electric and trash removal. The tenants are billed monthly for their electric and water usage. The City of Coatesville is home to more than 13,000 people, and is located in very desirable Chester County. The portfolio is in proximity to the center of town, which allows for easy access to the nearby stores, restaurants, and the nearby Amtrak station. The Amtrak station provides eastbound access to Center City, Philadelphia and westbound to Harrisburg. The Property represents a rare opportunity to acquire an apartment community in highly desirable Chester County. The up-to-date capital improvements and recently renovated units allow an incoming investor to realize positive cash flow immediately.