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
-

Craig Thom
Managing Director
267-223-4202
Craig@Trophycommercial.com
PA: RS326511here -

Saam Tashayyod
Managing Director
215-608-3734
Saam@Trophycommercial.com
PA Broker of Record: RM425803 -

Leonardo Presta
Senior Associate
267-756-2602
Leonardo@Trophycommercial.com
PA: RS380257