Share this with your friends
+14842391295
Joy and Dave Flood Realtors
123 Main St, Tobyhanna, PA 18466
- $3,950,000
- 42
- BA
- List Price
- $3,950,000
- MLS#
- PM-142570
- Status
- ACTIVE
- City
- Tobyhanna
- County
- Monroe
- Neighborhood
- Coolbaugh Township
- Bathrooms
- 42
- Lot Size
- 162,043
- Year Built
- 2025
Property Description
Rare Investment Opportunity to Purchase This Portfolio of Fully Occupied New Construction Workforce Housing in Single Neighborhood w Community Amenities. Fourteen brand-new single-family homes in one transaction - all built 2025-2026, all leased, all cash-flowing day one. Located inside A Pocono Country Place, a 4,500-home gated community with 24/7 manned access, 4 pools, 2 lakes, 8 tennis courts, and 3 clubhouses - ideal for tenant retention. The portfolio includes 10 Colonials and 4 Ranches, each 4bd/3ba on a quarter-acre wooded lot with stainless appliances and modern finishes. New construction means zero deferred maintenance; 100% occupancy means no lease-up risk. The expense structure sets this offering apart: tenants pay all utilities, heat, water, lawn, snow, and pest control. Landlord costs are limited to taxes, insurance, and HOA. The result is $356,400 in gross annual rent, $219,496 NOI, and a 5.56% cap at ask. Ranch rents alone trail market by $268/mo. Priced at $282,183 per unit, a 5.3% discount to weighted Zestimate and below the $300,000 comp that closed nearby in May 2026. Owner financing available - call for terms. 85 miles to Midtown Manhattan with daily bus service to NYC. Management in place via DoorLoop and fully assumable. A clean fit for 1031 buyers facing a deadline, BTR operators scaling quickly, or family offices tired of assembling SFRs one at a time. Full OM and financials available under NDA.
Additional Information
- Acres
- 3.72
- Appliances
- Dishwasher, Electric Oven, Microwave, Refrigerator, Stainless Steel Appliance(s), Water Heater
- Cooling
- Electric, Varies By Unit, Window/Wall
- Garage Spaces
- 4
- Interior Features
- Double Vanity, Kitchen Island, Laminate Counters, Recessed Lighting, Walk-In Closet(s)
- Lot Size
- 162,043
- Parking Spaces
- 32
- Sewer
- Public Sewer
- Stories
- 2
- Style
- Ranch, Colonial
- Taxes
- $77,252
How much is your home worth?
...get instant property value now!
Mortgage Calculator
Listing provided by Redstone Run Realty, LLC - Stroudsburg
The data relating to real estate for sale on this web site includes listings held by MLS-IDX Participants of the Internet Data Exchange program of the Multiple Listing Service of the Pocono Mountains Association of Realtors. Listings marked with the Internet Data Exchange logo are not necessarily the listings of the owner of this web site. All listing data is the copyrighted property of the aforesaid Association and its MLS-IDX Participants with all rights reserved. The information contained herein is believed to be accurate, but no warranty as such is expressed or implied.