Governor's Square - HUD Housing Portfolio

2020 Fulton Street, Harrisburg, PA 17111

  • For Sale Subject To Offer
  • Property Type Multi-Family
  • Property Size 265,170 SF
  • Units 222
  • 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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Attachments

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

Contacts

broker

Jonathan Cuticelli

Hilco Real Estate

(847) 305-4256

Location

Getting Around

  • Walk Score ®

    73/100 Very Walkable
  • Transit Score ®

    38/100 Some Transit
  • Bike Score ®

    58/100 Bikeable
Powered by Walk Score ®
  • City Harrisburg, PA
  • Neighborhood Midtown Harrisburg
  • Zip Code 17111
  • Market Harrisburg

Points of Interest

  • Harrisburg

    1.42 miles

  • Middletown

    9.92 miles

  • Sunoco

    0.28 miles

  • Citgo

    0.72 miles

  • Exxon

    0.92 miles

  • ChargePoint Charging Station

    1.02 miles

  • Quality Gas

    1.29 miles

  • Speedway

    1.39 miles

  • Exxon

    1.78 miles

  • Sheetz

    1.97 miles

  • Gulf

    2.19 miles

  • Hess

    2.37 miles

  • 7th St. 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

  • W-6

    1.19 miles

  • Korman Communities Harrisburg

    0.47 miles

  • Towne House Suites

    0.82 miles

  • City House B&B

    0.95 miles

  • Econo Lodge

    1.32 miles

  • Alva Hotel and Restaurant

    1.42 miles

  • Hilton Harrisburg

    1.44 miles

  • Crowne Plaza Harrisburg-Hershey

    1.52 miles

  • Quality Inn

    1.89 miles

  • Penn Harris Trademark by Wyndham

    2.14 miles

  • Quality Inn Enola - Harrisburg

    2.43 miles

  • Alvaro's Bread and Pastry Shoppe

    0.22 miles

  • Emerald Chinese

    0.33 miles

  • Char's Tracy Mansion

    0.37 miles

  • Crawdaddy's

    0.51 miles

  • Isabelle's Southern Cuisine

    0.52 miles

  • Garden Vietnamese

    0.52 miles

  • Note Bistro And Wine Bar

    0.52 miles

  • Brother's Pizza

    0.55 miles

  • Ciervo's Pizza

    0.60 miles

  • The Millworks

    0.66 miles

  • Our Lady of the Blessed Sacrament School

    0.09 miles

  • Hamilton Elementary School

    0.35 miles

  • Academy of Medicine

    0.43 miles

  • Harrisburg Area Community College

    0.46 miles

  • Steele Elementary School

    0.61 miles

  • Benjamin Franklin Elementary School

    0.74 miles

  • Downey Early Childhood School

    0.91 miles

  • Camp Curtain Early Childhood School

    1.03 miles

  • State Street Academy of Music

    1.15 miles

  • Harrisburg Area Community College

    1.22 miles

  • Tender Years

    2.07 miles

  • KinderCare

    2.42 miles

  • Building Blockz Academy

    2.47 miles

  • Kindercare

    2.84 miles

  • Kids on Campus Child Development Center

    2.98 miles

  • Capital Area Head Start

    3.66 miles

  • KinderCare

    3.72 miles

  • Little Learners' Child Development Center

    3.80 miles

  • The Goddard School

    4.19 miles

  • Kidz Quarterz

    5.10 miles

Frequently Asked Questions

What is the total square footage of Governor's Square - HUD Housing Portfolio?

Governor's Square - HUD Housing Portfolio totals 265,170 square feet.

When was this property built?

Governor's Square - HUD Housing Portfolio was built in 2012.

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Contact Listing Broker

broker

Jonathan Cuticelli

Hilco Real Estate

(847) 305-4256