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Pacific Ave Milroy PA 17063
Milroy, PA 17063
Asking Price
Contact for price
Asset Type
Residential Land
Class
Class B
What's Special
Atlantic Ave, Milroy, PA 17063 <ul><li>Fully approved, shovel-ready ±80 Units (40 Duplexes)</li><li>NPDES Permit issued 2023, valid through 2028</li><li>~$1.5M in site improvements completed</li><li>Utilities to site, including electric, water, sewer</li><li>Stormwater infrastructure in place</li><li>Expansion of proven 57-unit community</li><li>Established rental demand on-site</li><li>Minutes to State College & Pennsylvania State University</li></ul>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547