Needed, aparment building / multifamily portfolio in Scranton, PA

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Needed, aparment building / multifamily portfolio in Scranton, PA

David Edelstein
Investor · North East, PA · Member since 2016 · 18 posts · 3 votes

I'm looking to 1031 an NYC apartment into an apartment building and/or multi-family portfolio in Scranton, PA. Will have ~$1mill cash and can leverage up to ~$3-4mill. Looking for best initial cash-on-cash returns plus value-add opportunities. 

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  • Eddie T.
    Rental Property Investor · NY · Member since 2013 · 844 posts · 350 votes
    9y

    @David Edelstein Why only PA? Why not expand your search to other cities 50-80 unit property. ALso I would identify the property first before selling what you currently own.

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  • Serge Brice
    Realtor · York, PA · Member since 2015 · 34 posts · 6 votes
    9y

    Hi David, Im might have something you maybe interested in its in Shippensburg PA

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  • Mark Cerminaro
    Flipper · Scranton, PA · Member since 2012 · 32 posts · 5 votes
    9y

    You can contact Rich Feibus he is the best commercial broker in the area.

    I am from Scranton PA, if you find something I would look at area and numbers to help, if needed.

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