Dallas, PA
Property Type: MultifamilySize: 120 Units
Price: See Broker for Details
CAP: See Broker for Details
Highlights:
- 120-Unit Garden-Style Apartment Community in Dallas, Luzerne County, Pennsylvania
- Value-Add: Current Rents are Well Below Submarket Averages
- Large Two- and Three-Bedroom Units
- Amenity Package Includes Tennis Court and Bark Park, with Opportunity to Add Additional Features
- Limited Local Supply Supports Long-Term Rent Growth
- Proximity to Job & Education Anchors in Wilkes-Barre
Description:
Country Club Apartments is a 120-unit garden-style apartment community located in Dallas, Luzerne County, Pennsylvania.
The unit mix is comprised of 106 two-bedroom units (averaging 990-1,300 SF) and 14 three-bedroom units (averaging 1,700 SF).
The borough of Dallas is located 10 minutes northwest of Wilkes-Barre, offering convenient access to Route 309, I-81, and the Pennsylvania Turnpike.
This opportunity presents investors with the rare chance to acquire a scaled, garden-style community in a high-barrier submarket with strong renter demand and limited competition. Through targeted interior upgrades and amenity enhancements, an investor can unlock immediate rent growth while maintaining an affordable position.
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Please contact broker for further details about the financials and pro forma.
