40-Unit Townhome Portfolio – ~6% Cap | Strong Income & Upside in Macungie, PA

ATTENTION MULTIFAMILY & PORTFOLIO INVESTORS!
Here’s a rare chance to acquire a 40-townhome portfolio in the highly desirable Charming Hills at Lock Ridge community in Macungie, PA. Built in 2005, these 3 bed / 2.5 bath townhomes with full basements offer immediate scale, strong in-place income (≈$1.09M gross annually), and a cap rate around 6% with clear upside through rent increases. With new roofs, new decks, no HOA fees, and tenants covering all utilities including water and trash, this opportunity delivers stable cash flow in a strong Lehigh Valley location.

🏠Portfolio Details:

• Total Units: 40 townhomes

• Asking Price: $14,000,000 (≈ $350,000 per unit)

• Gross Rent: ≈ $1,089,300 annually

• Cap Rate: ~6% (with upside potential)

🏚️Townhome Features:

• Built in 2005

• 3 bedrooms / 2.5 bathrooms – larger models in the development

• Full basements in every unit

• New roofs (recently updated)

• New decks

• No HOA fees

• Tenants pay all utilities, including water & trash removal

💰Financial Snapshot (Estimates – Buyer to Verify):

• Insurance estimate: ≈ $1,000 per unit annually

• Real estate taxes: ≈ $5,000 annually

• Current gross income: ≈ $1.09M/year

• Value-add potential: rents can be increased 15–20% to maximize returns

📍Community & Location:

• Located in Charming Hills at Lock Ridge in Macungie / Lower Milford Township

• Strong rental demand in the Lehigh Valley

• Convenient access to employment centers, amenities, and major highways

Investment Upside:

• Solid ~6% cap rate today with clear upside via rent growth

• Turnkey investment with recent capital improvements (roofs & decks)

• Stable tenant base responsible for utilities and municipal services

• Ideal for long-term hold, institutional-style portfolio, or 1031 exchange buyers

📞☎️Call or text our team at: 215-395-6211

Showings / Portfolio Review by Appointment Only – Serious, Qualified Investors Only.with verified POF.