101 East High Street

23 Residential Units Over Ground-floor Commercial Space

Trophy Commercial Real Estate is pleased to present 101 E High Street, a 23-unit mixed-use multifamily asset located in the heart of Downtown Pottstown, PA. This 24,928 square foot property features 23 residential units over ground-floor commercial space, offering immediate in-place cash flow with multiple value-add opportunities.

New ownership can continue the renovation program currently underway, driving rent growth through interior upgrades and modernization. The residential units feature generous layouts, many with both dining and family room areas, supporting historically strong occupancy and tenant retention. The asset has also benefited from recent capital improvements, including updates to the roof, elevator, boiler, and electrical systems within the last five years.

Investment Highlights

  • 23-unit mixed-use multifamily asset with retail component

  • Projected 7.58% Year 1 cap rate at asking price

  • Efficient expense structure with approximately 38% Year 1 expenses

  • Immediate value-add opportunity through rent increases and renovations

  • Prime transit access — 1-minute walk to Pottstown Amtrak Station

  • Strong connectivity via Route 422 and Route 100 to King of Prussia & Philadelphia

  • Stable annual rent growth with 6%+ projected upside

    Asking Price: $2,800,000
    Price per Unit: $116,667
    Price/SF: $112
    Cap Rate: 6.60%

Deal Team

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