Excellent Value-Add Opportunity: Ability to Increase Rents 10% to 15% with Minor Upgrades
Unrivaled Location: High Visibility Property along Route 30 (E. Lincoln Highway)
Strong Occupancy: 100% Occupied Property; 95% Occupancy Sub-Market
Desired Unit Mix: 75% Two-Bedroom; 25% Three-Bedroom Units
Convenient to Major Arteries: Route 30, Route 202, and Interstate I-76
SEPTA Regional Rail: 5-Minute Walk of SEPTA Regional Rail Station (Paoli/Thorndale Line)

335 E. Lincoln Highway is a 20-unit mid-rise apartment complex in the center of Coatesvilles revitalizing downtown consisting of (15) two-bedroom units, (5) three-bedroom units, and (1) commercial space. With 40% of the housing market in Coatesville being renters, this property has established itself as one of the go to rental properties in a limited supply of true purpose-built apartment buildings. The property offers excellent rental upside, with the ability to increase rents 10% to 15% by completing light upgrades to kitchens and baths. Further, the property is 100% occupied and competing properties in the area are currently and historically 95% occupied or better in this high demand sub-market. The property is less than a 5-minute walk to the SEPTA Regional Rail Station (Paoli/Thorndale Line), which offers tenants convenient access to Center City Philadelphia and the surrounding suburbs.