Skip To Content

1 Ramsgate Lane

LANCASTER, PA 17603
  • $12,500,000
  • STATUS: Active
  • ON SITE: 15 Days
  • ID#: PALA2068144
$12,500,000
  • 0
    BEDS
  • 7.96
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1988
County:

School Ratings & Info

School District:

Description

Welcome to Charleston Townhouses"a rare opportunity to acquire a fully occupied, 68-unit townhome community in the heart of Manor Township, Lancaster County, PA. Situated on nearly 8 acres, this well-maintained, income-producing asset offers immediate scale and long-term upside in one of the regions most stable and growing rental markets.Each spacious townhome comes with 2 or 3 bedrooms, private entrances, and in-unit laundry hookups, central air conditioning, with most units having undergone extensive renovations including updated kitchens, bathrooms, flooring, and fixtures. Tenants enjoy the convenience of separately metered utilities (electric and water), ample surface parking, and proximity to key amenities and major employers.Charleston Townhouses benefits from a strong rent roll, low turnover, and significant demand drivers"including its location just 8 minutes from Millersville University and easy access to Route 30 and downtown Lancaster. With a stable cash flow and a professionally managed operation, this property presents an outstanding opportunity for investors seeking scale, yield, and growth potential.Don't miss your chance to acquire one of the largest stabilized multifamily offerings in Lancaster County. This is the 1st time since construction this property is for sale.Qualified Buyer's only. Please be respectful and do not drive through community and do not talk to tenants.

Monthly Payment Calculator



©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Asset Property Solutions, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-05-17T23:54:14.313.
www.assetpropertysolutionsllc.com/homes/163301262
Print Image

1 Ramsgate Lane LANCASTER, PA 17603

  • Price: $12,500,000
  • Status: Active
  • On Site: 15 Days
  • ID#: PALA2068144
0
Beds
0
Baths
0
½ Baths
7.96
Acres
1988
Built
Neighborhood:
Manor Twp (10541)
County:
Lancaster
Area:
Manor Twp (10541)
School District:
Penn Manor
Property Description
Welcome to Charleston Townhouses"a rare opportunity to acquire a fully occupied, 68-unit townhome community in the heart of Manor Township, Lancaster County, PA. Situated on nearly 8 acres, this well-maintained, income-producing asset offers immediate scale and long-term upside in one of the regions most stable and growing rental markets.Each spacious townhome comes with 2 or 3 bedrooms, private entrances, and in-unit laundry hookups, central air conditioning, with most units having undergone extensive renovations including updated kitchens, bathrooms, flooring, and fixtures. Tenants enjoy the convenience of separately metered utilities (electric and water), ample surface parking, and proximity to key amenities and major employers.Charleston Townhouses benefits from a strong rent roll, low turnover, and significant demand drivers"including its location just 8 minutes from Millersville University and easy access to Route 30 and downtown Lancaster. With a stable cash flow and a professionally managed operation, this property presents an outstanding opportunity for investors seeking scale, yield, and growth potential.Don't miss your chance to acquire one of the largest stabilized multifamily offerings in Lancaster County. This is the 1st time since construction this property is for sale.Qualified Buyer's only. Please be respectful and do not drive through community and do not talk to tenants.
Exterior Features

Construction Materials Vinyl SidingBrick Garage YN No Parking Types Parking Lot Property Condition Very Good Roof Architectural ShingleAsphalt Water Access YN No Water View YN No Waterfront YN No

Interior Features

Building Area Total 0.00 Cooling Central A/C Heating Forced AirHeat Pump - Electric BackUp Heating YN Yes Net Square Feet 89396.00

Property Features

Acceptable Financing CashConventional Accessibility Features None Central Air YN Yes Cooling Fuel Electric Heating Fuel Electric Historic YN No Hot Water Electric Municipality MANOR TWP Navigable Water YN N New Construction YN No Number Of Units Total 9 Operating Expense Includes AdvertisingInsuranceLandscapingManagement FeesRepair/MaintenanceSewerSnow RemovalTrash Original MLSNumber 803770839128 Owner Pays Common Area MaintenanceInsuranceLawn/Shrub CareSewerSnow RemovalTaxes - Real EstateTrash Collection Ownership Interest Fee Simple Property Sub Type Five Or More Units Sale Type Standard Sewer Public Sewer Tax Annual Amount 111103.00 Utilities Cable TV AvailableElectric AvailableSewer AvailableWater Available Vacation Rental YN No Water Source Public Zoning RH Zoning Description High Density Residential Zone

Listing courtesy of Berkshire Hathaway HomeServices Homesale Realty: .


©2025 Bright MLS, All Rights Reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale may no longer be available because they are for instance, under contract, sold, or are no longer being offered for sale. Information is deemed reliable but is not guaranteed accurate by the MLS or Asset Property Solutions, LLC. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. Data last updated: 2025-05-17T23:54:14.313.
 
https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803770839128-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803770839128-2.jpg https://bt-photos.global.ssl.fastly.net/brightmls/1280_boomver_1_803770839128-2.jpg
Logo
Asset Property Solutions, LLC
16 N Franklin Street, Suite: 108
Doylestown PA, 18901