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Parkview Avenue
Reading, PA 19606
Asking Price
Contact for price
Asset Type
Commercial Land
Class
Class B
What's Special
Land | 7.08 acres <ul><li>Prime land/residential development opportunity</li><li>7.08 Acres ±</li><li>Ample space for potential single-family subdivision</li><li>Level Topography</li><li>Close proximity to densely populated residential neighborhoods</li><li>Zoned SR-1 & R-4 (Suburban Residential)</li><li>Convenient access to major highways, the Reading Regional Airport, and Penn State Health St. Joseph Medical Center</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
