where is a good place to invest in pennsylvania for multiunit?

where is a good place to invest in pennsylvania for multiunit?

Member since 2020 · 34 posts · 15 votes

Can someone please tell me where are good places to invest that are growing in Pennsylvania?  I'm looking for multi families.  Anywhere from 10 to 20 units.  Thanks!

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Real Estate Agent · Harrisburg, PA · Member since 2016 · 159 posts · 82 votes
4y

Harrisburg

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  • Real Estate Agent · Harrisburg, PA · Member since 2016 · 159 posts · 82 votes
    4y

    Harrisburg

  • Jonathan GreeneBusiness Member
    Real Estate Consultant · Madison, NJ · Member since 2016 · 6k+ posts · 7k+ votes
    4y

    What are you looking for in the investment? Overall cash flow out of the gate or the potential for longer-term appreciation? There are so many areas that can work in PA for apartments. Philadelphia (in certain gentrifying areas) might have the largest potential for ROI in appreciation, but you can get steady cash flow in a variety of locations depending on how much you want to spend and what cap you are looking for and if you want to do a little value add, a lot, or none.

  • Real Estate Agent · Philadelphia, PA · Member since 2020 · 294 posts · 245 votes
    4y

    @Tina Chau I would recommend the suburbs of Philadelphia, specifically Delaware + Montgomery counties. Curious if you would also be interested in package/portfolio deals, those are a lot more common in Philadelphia and the suburbs then stand alone 10-20 unit multis.

  • Rob LawrenceBusiness Member
    Real Estate Agent · West Chester, PA · Member since 2017 · 272 posts · 98 votes
    4y

    Yeah 10 to 20 units are pretty rare, but I have a video that kind of goes through where the multifamily units are in the suburbs.

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