Governor's Square - HUD Housing Portfolio

For Sale

2020 Fulton Street, Harrisburg, PA 17111

This Harrisburg property for sale is located at 2020 Fulton Street. Contact the listing broker for details on the current sale price for Governor's Square - HUD Housing Portfolio.

Contacts

broker

Jonathan Cuticelli

Hilco Real Estate

Property Details

  • Property Type Multi-Family
  • Property Size 265,170 SF
  • Units 222
  • Additional Rent Contact for pricing
  • Year Built 2012
  • Date Updated Jan 31, 2024
Harrisburg, Pennsylvania offers a unique blend of history, culture and modern amenities. As the state capital, Harrisburg is steeped in history, with its charming streets lined with beautifully preserved architecture and landmarks that tell the story of the nation’s past. Residents have the privilege of exploring the State Capitol Building, a true architectural masterpiece, and indulging in the city’s many museums, including the National Civil War Museum and the Whitaker Center for Science and the Arts. Harrisburg’s cultural scene is alive with theaters, art galleries and live music venues that provide endless entertainment options. Nature enthusiasts will find plenty to love about Harrisburg as well. The city boasts access to the picturesque Susquehanna River, where kayaking, fishing and scenic riverfront walks are popular pastimes. The Capital Area Greenbelt, a 20-mile loop trail that winds along the river, is a haven for cyclists, joggers and hikers, offering a serene escape from the hustle and bustle of city life. Additionally, Harrisburg’s parks and recreational facilities provide ample opportunities for outdoor activities, family outings and picnics. With its vibrant cultural scene and proximity to natural beauty, Harrisburg offers a well-rounded and fulfilling lifestyle for its residents.Bankruptcy Sale: US Bankruptcy Court for the Middle District of Pennsylvania (Harrisburg), Petition No: 1:23-bk-00988 | In re: Uptown Partners, LP Bid Deadline: November 30 On-Site Inspections: October 26 and November 9 at 11 a.m. (ET), by appointment only Located in Pennsylvania’s history-rich capital city of Harrisburg, The Residences at Governor’s Square has one-, two- and three-bedroom townhouse and garden-style apartments set in a residential neighborhood with views of the capital building. Governor’s Square is just blocks away from the Capital Area Greenbelt which is a 20-mile loop trail along the Susquehanna River. These properties are just a short walk to the center of the capital where commerce, recreation, shopping, dining and entertainment are abundant. Nearby transportation services include the Harrisburg Bus Station, the Amtrak Station and Capital City Airport. Proximity and easy access to Interstates 81 and 83 make for an ideal commute to outlying counties for employment, travel and leisure. This portfolio represents a significant opportunity to own 222 rental units spread between 27 buildings. These properties can increase an owners existing portfolio or quickly establish a new operator. These properties have a waiting list to occupy and with new ownership there is opportunity to add value by bringing vacant units back online to begin generating revenue.

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Highlights

  • Value add by bringing vacant units online
  • Assumable HUD Financing Available
  • Unit mix consists of:
  • 1 Bedroom - 2
  • 2 Bedroom - 114
  • 3 Bedroom - 75
  • 4 Bedroom - 28
  • 5-Bedroom - 3
  • Low income Housing Portfolio
  • Portfolio sits less than a mile from the Susquehanna River

Attachments

Getting around

  • 73/100

    Walk Score ®

  • 38/100

    Transit Score ®

  • 58/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Harrisburg, PA
  • Neighborhood Midtown Harrisburg
  • Zip Code 17111
  • Market Harrisburg

Points of Interest

  • Harrisburg Transportation Center

    1.42 miles

  • Middletown

    9.95 miles

  • 6th Street Market & Gas

    0.55 miles

  • 2nd & Verbeke Mini Market & Gas Station

    0.72 miles

  • Sunoco

    0.94 miles

  • ChargePoint Charging Station

    1.01 miles

  • Quality Gas

    1.29 miles

  • Exxon

    1.78 miles

  • Sheetz

    1.97 miles

  • 7-Eleven

    2.38 miles

  • Tesla Supercharger

    3.68 miles

  • Commonwealth Parking Garage

    0.89 miles

  • 7th Street Garage

    1.00 miles

  • W-2

    1.06 miles

  • W-1

    1.08 miles

  • S-2

    1.09 miles

  • S-1

    1.11 miles

  • W-3

    1.12 miles

  • W-4

    1.12 miles

  • W-5

    1.17 miles

  • South St. Garage

    1.18 miles

  • City House B&B

    0.95 miles

  • Econo Lodge

    1.32 miles

  • Alva Hotel and Restaurant

    1.42 miles

  • Hilton Harrisburg

    1.43 miles

  • Crowne Plaza Harrisburg-Hershey

    1.51 miles

  • Bailey House

    1.73 miles

  • Quality Inn

    1.89 miles

  • Penn Harris Trademark by Wyndham

    2.14 miles

  • Quality Inn Enola - Harrisburg

    2.43 miles

  • Days Inn Harrisburg North

    2.53 miles

  • Sayford Market

    0.62 miles

  • Radish & Rye Food Hub

    0.67 miles

  • Save-A-Lot

    1.01 miles

  • Strawberry Square

    1.36 miles

  • Quality Food indian store

    2.40 miles

  • Asia PA Market

    2.43 miles

  • Asia Mall

    2.44 miles

  • Karns Fresh Foods

    2.75 miles

  • Giant

    2.82 miles

  • Weis

    3.09 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Jonathan Cuticelli

Hilco Real Estate