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210 HOSTETTER RD Manheim, PA 17545
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Key Details
Sold Price $5,200,000
Property Type Commercial
Sub Type Industrial
Listing Status Sold
Purchase Type For Sale
Square Footage 150,719 sqft
Price per Sqft $34
Subdivision None Available
MLS Listing ID PALA158262
Sold Date 09/07/22
HOA Y/N N
Originating Board BRIGHT
Year Built 1930
Annual Tax Amount $82,554
Tax Year 2019
Lot Size 12.580 Acres
Acres 12.58
Lot Dimensions 12.58 Acres
Property Sub-Type Industrial
Property Description
9.4% cap rate investment opportunity. Multi-tenant industrial park with 82% occupancy. Greentree Business Park consists of five parcels, with over 150,719 SF on 11.77 acres. Proximity to Manheim Auto Auction and PA Turnpike results in reliably high occupancy rates. Over 2/3 of the 15 tenants have been in place for over 4 years and 1/3 of the rent roll has been in place for over 11 years.
Location
State PA
County Lancaster
Area Manheim Boro (10540)
Zoning PC-1
Interior
Hot Water Electric, Natural Gas
Heating Forced Air
Cooling Central A/C, Window Unit(s)
Flooring Concrete
Fireplace N
Heat Source Natural Gas
Exterior
Garage Spaces 100.0
Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available
Water Access N
Roof Type Built-Up,Flat,Rubber
Accessibility Other
Road Frontage Boro/Township
Total Parking Spaces 100
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
Middle Schools Manheim Central
High Schools Manheim Central
School District Manheim Central
Others
HOA Fee Include Other
Tax ID 400-VARIOUS-0-0000
Ownership Fee Simple
SqFt Source Estimated
Security Features Smoke Detector
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Financing Cash,Conventional
Special Listing Condition Standard
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Bought with F. Jeffrey Kurtz • High Associates Ltd.