presented by: parkway manor eighty acquisitions, llc...parkway manor is a three-story apartment...
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100 Parkway Blvd, Kingston, PA 18704
Parkway ManorPresented By:Eighty Acquisitions, LLC
Parkway Manor is a three-story apartment community built in 1972, comprising 35 rental units,renovated over 2016-2019. The unit mix consists of studios, one-bedroom and two-bedroom units.Construction is of masonry block and poured concrete floors. Cooling & heating is provided byindividual central air units. Studios have baseboard heat and wall AC. The property is individuallymetered for gas and electric, all tenants pay their own utilities. Owner pays water, sewer, trash.Common amenities include a grassy courtyard, additional storage available for rent, laundry serviceson site, located along Nesbitt park, steps from the levee walking/biking/running path that coursesthrough Kingston, steps from disc golf course, next to Nesbitt Park boat launch,a laundry facility and 51parking spaces which owners hold the lease. Unit amenities include microwave ovens, dishwashers,ovens, refrigerators, some units have balconies or patios. Over 90% of the units are renovated withnew upgraded cabinets, stainless steel and black appliances, upgraded flooring, upgraded lighting,upgraded bathrooms, upgraded kitchens, upgraded windows. A separate leasing office is located onthe property. Strategically located near 2 colleges; directly across from King's College and 1.2 miles toWilkes University! Currently rented as individual units but would make a great location for studenthousing and an excellent value add opportunity!!!
Price: $2,899,999
Proximity to down town Wilkes-Barre, Proximity to Colleges
River, Park, City Views
Easy access to major freeways
Located next to urgent care and Geisigner Facilities
Walking distance to restaurants.
Located along Nesbitt Park, short distance to Kirby Park!
View the full listing here: https://www.loopnet.com/Listing/100-Parkway-Blvd-Kingston-PA/16090550/
Price: $2,899,999
No. Units: 35
Property Type: Multifamily
Property Sub-type: Apartments
Apartment Style: Low Rise
Building Class: C
Sale Type: Investment
Cap Rate: 7.13%
:
Building Size: 26,441 SF
Sale Conditions: 1031 Target
Gross Rent Multiplier: 9.2
No. Beds: 35
No. Stories: 3
Year Built: 1972
100 Parkway Blvd, Kingston, PA 18704
Property Details
Parkway Manor
Unit/Room Mix Information
Description No. Units Avg. Rent/Mo Sq. Ft0+1 16 $575.00 550
1+1 4 $800.00 700
2+1 15 $900.00 850
100 Parkway Blvd, Kingston, PA 18704
Parkway Manor
100 Parkway Blvd, Kingston, PA 18704
Location
Parkway Manor
100_Parkway_Front Lobby
100 Parkway Blvd, Kingston, PA 18704
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Parkway Manor
Laundry Room Living_Room_View_3
100 Parkway Blvd, Kingston, PA 18704
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Dining room Dining_Room_View_3
100 Parkway Blvd, Kingston, PA 18704
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Parkway Manor
Kitchen_View_3 Living Room
100 Parkway Blvd, Kingston, PA 18704
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Parkway Manor
Kitchen_View_2 Kitchen_View_4
100 Parkway Blvd, Kingston, PA 18704
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Parkway Manor
Kitchen Dining_Room_View_1
100 Parkway Blvd, Kingston, PA 18704
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Parkway Manor
Dining_Room_View_4 Living_Room_View_1_balcony
100 Parkway Blvd, Kingston, PA 18704
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Parkway Manor
Exterior_Porch_View_1 Exterior_Porch_View_5
100 Parkway Blvd, Kingston, PA 18704
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Parkway Manor
Bath_View_3 Bathroom
100 Parkway Blvd, Kingston, PA 18704
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Parkway Manor
Hall Bedroom_2_View_1
100 Parkway Blvd, Kingston, PA 18704
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Parkway Manor
Bedroom_2_View_3 Exterior_Porch_View_2
100 Parkway Blvd, Kingston, PA 18704
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Parkway Manor
Exterior_Scenic_View_1 Exterior_Scenic_View_2
100 Parkway Blvd, Kingston, PA 18704
Property Photos
Parkway Manor
Mike [email protected](570) 392-3132
Eighty Acquisitions, LLC220 Pierce StKingston, PA 18704
100 Parkway Blvd, Kingston, PA 18704
Parkway Manor