ポートフォリオ概要
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present the opportunity to acquire York Hills and Cloister Gardens (the “Properties”), two, suburban, value-add multi-housing opportunities totaling 298 units in York (York County) and Ephrata (Lancaster County), Pennsylvania. Built in 1972 and 1965, both assets present the opportunity to implement a streamlined renovation program across the entire unit mix and capitalize on rental premiums upwards of $400 and $500 for one and two-bedroom units, respectively. The assets are being offered individually and as a portfolio.
...
特性
ユニット数
298 単位
York Hills and Cloister Gardens (2 物件)
York Hills and Cloister Gardens (2 物件)
メディア
投資のハイライト
Compelling Value-Add Opportunity
- New ownership is provided the opportunity to implement a streamlined renovation program across all 298 units and capitalize on rental premiums upwards of $400 and $500 on one- and two-bedroom units, respectively.
Strong Submarket Fundamentals
- The York County submarket achieved impressive average annual rent growth of 3.9% throughout 2023 and is expected to reach 4.9% by year-end 2024.
- The Ephrata/Brownstown/Leola submarket is expected to achieve 5.1% rent growth by 2024 Q4, and is complemented by strong renter demand, evidenced by its 1.7% vacancy factor.
Dynamic Suburban Locations
- York Hills provides convenient accessibility to downtown York and the surrounding employment centers via Route 83 and is strategically positioned adjacent to Queensgate Towne Center – a grocery-anchored shopping center that features one of the top Weis Markets locations nationwide in terms of customer visits.
- Ephrata is located in the highly acclaimed Lancaster County. Lancaster, the county seat, was recently ranked as the Best Place to Retire in the U.S. in 2022-23 by U.S. News & World Report.
担当者に連絡する
資金調達とポートフォリオ管理はJLLにお任せください。お客様の投資達成に向けたご提案を差し上げます。メールにてお問い合わせください。
最終更新
2024年4月11日