Valley Forge Terrace

Valley Forge Terrace is a mixed-use property consisting of two buildings in a highly unique location. This property consists of (8) two-bedroom/two-bath units, (7) one-bedroom/one-bath units, and (5) one-bedroom/one-and-one-half-bath units. In addition, there are (8) commercial spaces totaling 10,593 square feet.

In 2017-2018 current ownership converted all of Building #1 from office space to apartment units as well as the first floor in Building #2. Each floor in Building #1 consists of 5 apartment units. Building #2 has 5 apartment units on the first floor with 10,593 SF of fully leased office space on floors two and three. All of the commercial tenants have leases in place with structured rental increases.

The property is located in an extremely unique location as it is the only apartment building located directly next to Valley Forge National Historical Park. Offering over 35 miles of trails connecting people with the park's many key historic and interpretive sites, the Park is especially popular for walkers, joggers, and bikers.

The property has little to no deferred maintenance as every big-ticket item would have been addressed during the conversion in 2018. Residents enjoy units with modern finishes, in-unit washers and dryers, ample parking, and privacy in a wooded setting off from the main roads. Due to the many great perks and uniqueness of this asset, ownership has had minimal turnover ever since the conversion was completed in 2018.

Valley Forge Terrace is an excellent opportunity in highly sought-after Chester County with truly nothing else comparable to it. With the recent capital improvements and the modern finishes, a new owner can focus on increasing the apartment rents by 10% to 15% to meet the market comparables.