Manheim, PA 17545,210 HOSTETTER RD
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Manheim, PA 17545,210 HOSTETTER RD
Jessica Evans
Jessica Evans

+1(301) 832-5105

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Listed by John F Thiry • Thiry Commercial
Bought with F. Jeffrey Kurtz • High Associates Ltd.

$ 5,200,000

$ 5,250,000 1.0%

Est. payment /mo
Sold on 09/07/2022

210 HOSTETTER RD Manheim, PA 17545

150,719 SqFt


UPDATED:

Key Details

Sold Price $5,200,000

Property Type Commercial

Sub Type Industrial

Listing Status Sold

Purchase Type For Sale

Square Footage 150,719 sqft

Price per Sqft $34

Subdivision None Available

MLS Listing ID PALA158262

Sold Date 09/07/22

HOA Y/N N

Year Built 1930

Annual Tax Amount $82,554

Tax Year 2019

Lot Size 12.580 Acres

Acres 12.58

Lot Dimensions 12.58 Acres

Property Sub-Type Industrial

Source BRIGHT

Property Description

9.4% cap rate investment opportunity. Multi-tenant industrial park with 82% occupancy. Greentree Business Park consists of five parcels, with over 150,719 SF on 11.77 acres. Proximity to Manheim Auto Auction and PA Turnpike results in reliably high occupancy rates. Over 2/3 of the 15 tenants have been in place for over 4 years and 1/3 of the rent roll has been in place for over 11 years.

Location

State PA

County Lancaster

Area Manheim Boro (10540)

Zoning PC-1

Interior

Hot Water Electric, Natural Gas

Heating Forced Air

Cooling Central A/C, Window Unit(s)

Flooring Concrete

Fireplace N

Heat Source Natural Gas

Exterior

Garage Spaces 100.0

Utilities Available Electric Available, Natural Gas Available, Sewer Available, Water Available

Water Access N

Roof Type Built-Up,Flat,Rubber

Accessibility Other

Road Frontage Boro/Township

Total Parking Spaces 100

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

Middle Schools Manheim Central

High Schools Manheim Central

School District Manheim Central

Others

HOA Fee Include Other

Tax ID 400-VARIOUS-0-0000

Ownership Fee Simple

SqFt Source Estimated

Security Features Smoke Detector

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash,Conventional

Special Listing Condition Standard


Bright MLS (BMLS)
agent

Jessica Evans

+1(301) 832-5105

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210 HOSTETTER RD