The Factory Apartments

Property Details

Property Features

Project Description

The Factory Apartments is a 32-unit residential community located along South West End Avenue. All of the apartments have 1 bedroom, and 1 bathroom in each unit. The property is within close proximity to Manor Street (Route 999), which is one of the main East-West thoroughfare roads in the Lancaster market. The potential rents available in the area, are greater than the rents that are being currently collected, which provides upside to a Buyer. The property is located amongst all of the retail, office, medical, and population of the Western Lancaster market. The property is currently operating at 100% occupancy.

Location Description:

The city is situated in the center of Lancaster County, and its seven square miles are packed with art, museums, historical attractions, restaurants and cafes, theatres, shops and boutiques. A great deal of the city’s charm stems from the stories, architecture, and traditions rooted in its rich history. With a population of nearly 62,000, and more than 8.85 million visitors to Lancaster County annually, it proves to be a coveted historic destination. Downtown Lancaster is the epicenter of it all, providing the perfect contrast of modern life to the rustic allure of surrounding Amish country.

Property Location: