7 Properties On W Jackson Street, York, PA 17401

Property Description

Exceptional opportunity to acquire a seven-property for a total of 8 units investment portfolio on West Jackson Street in York City. The portfolio consists of 150, 228, 230, 259, 261, 264, and 274 W Jackson St, all individually deeded properties being offered together. Most properties are rented by the room and primarily serve the student housing market, though they can also be rented to non-students. Many of the properties have six tenants each and utilities are largely paid by tenants or billed back to them, helping reduce owner expenses. The portfolio has historically maintained strong occupancy with only two semesters of vacancy in the past five years. York City inspects student properties annually, with certain properties inspected every other year. Investors will appreciate the ability to acquire multiple income-producing properties in a concentrated location with immediate cash flow and future upside through rent normalization and operational improvements.