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2 Morningstar Ln
Shippensburg, PA 17257

Maverick Apartments · Multifamily Property For Sale · 120 Units

Investment Highlights

  • CONVENIENT LOCATION
  • STRONG OCCUPANCY TREND
  • ATTRACTIVE RETURNS
  • SIGNIFICANT DISCOUNT TO REPLACEMENT COST
  • EXECUTE VALUE-ADD STRATEGY

PROPERTY FACTS

No. Units 120
Property Type Multifamily
Property Subtype Apartment
Apartment Style Garden
Building Class B
Lot Size 12.57 AC
Building Size 158,000 SF
Average Occupancy 95%
No. Stories 3
Year Built/Renovated 2009/2021
Parking Ratio 2.78/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Microwave
  • Washer/Dryer
  • Double Vanities
  • Kitchen
  • Refrigerator
  • Satellite TV
  • Oven
  • Wi-Fi

Site Amenities

  • Clubhouse
  • Property Manager on Site
  • Furnished Units Available
  • Grill
  • Shuttle to Train
  • Renters Insurance Program
  • Wi-Fi
  • Community-Wide WiFi
  • Maintenance on site
  • Online Services
  • Public Transportation
  • Roommate Matching

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
36-33-1865-001B
Land Assessment
$910,500
Improvements Assessment
$6,282,000
Total Assessment
$7,192,500

zoning

Zoning Code MU
MU
  • Listing ID: 27148700

  • Date on Market: 11/18/2022

  • Last Updated:

  • Address: 2 Morningstar Ln, Shippensburg, PA 17257

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