We’re excited to present a premium multifamily investment opportunity in the heart of Kingston, Pennsylvania—a fully redeveloped, 17-unit luxury apartment building offering immediate cash flow, low maintenance, and strong upside in a growing rental market.

Asset Overview

This unique asset began its life as a commercial office building and has been meticulously converted into a Class A multifamily residence. The property has been rebuilt from the studs up, featuring brand new plumbing, electrical, and mechanical systems throughout. Each of the 17 units includes in-unit washer/dryer hookups, individually controlled HVAC and water heating, and high-end finishes that appeal to today’s renters. Currently, 11 out of 17 units are already leased, providing investors with strong in-place income and limited remaining lease-up.

Efficiency Meets Elegance

Energy-efficient appliances, materials, and fixtures were prioritized in this renovation, reducing both the carbon footprint and ongoing operating costs. This turnkey property is perfectly positioned for both seasoned and first-time multifamily investors seeking a low-maintenance asset with long-term durability and tenant appeal.

Location Advantage

Kingston offers the charm of a walkable community while being just minutes from downtown Wilkes-Barre. The property sits near top local universities (King’s College, Wilkes University, Misericordia), regional healthcare employers, shopping, dining, and the highly popular Kirby Park, a 52-acre recreational space along the Susquehanna River. These proximity factors make it highly desirable for a mix of tenants, including students, professionals, and retirees.

Why Kingston, PA?

Kingston is part of the growing Wilkes-Barre metro area and represents an attractive submarket for real estate investment. With low vacancy rates, rising rents, and limited new multifamily supply, the region is seeing consistent rental demand. Investors benefit from favorable cap rates, affordable entry pricing, and long-term appreciation potential, all supported by a diversified regional economy and strong infrastructure access via I-81, I-476, and Wilkes-Barre/Scranton International Airport.

Key Investment Highlights

• ✅ Turnkey 17-Unit Luxury Building – Fully rebuilt with high-end, energy-efficient features

• ✅ Cash-Flowing Asset – 11 of 17 units leased; strong in-place income with upside

• ✅ Strategic Location – Near top employers, universities, and Kirby Park

• ✅ High-Growth Submarket – Low vacancy, rising rents, strong long-term fundamentals

This opportunity represents a rare combination of quality construction, desirable location, and compelling financials. If you’re looking to add a stabilized, premium multifamily property to your portfolio with both income and appreciation potential, this asset deserves your attention.

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