1. Pennsylvania
  2. Lancaster
  3. 1 RAMSGATE LANE
$12,500,000

1 RAMSGATE LANE, Lancaster, PA 17603

  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1988
  • Property Lot Size Icon7.96acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 2 months ago

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 region’s 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.

Listing Status:
Pending
Date Added:
May 15, 2025 at 05:00AM
Listing Office:
Berkshire Hathaway HomeServices Homesale Realty : 7175609100
Listing Agent:
Timothy K Shreiner : 7175608496
MLS ID:
PALA2068144

This listing courtesy of Timothy K Shreiner, Berkshire Hathaway HomeServices Homesale Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

Eshleman Elementary School

545 Leaman Ave, Millersville, PA, 17551

Grades KG-6

0.91 miles away

M

Manor Middle School

2950 Charlestown Rd, Lancaster, PA, 17603

Grades 7-8

1.13 miles away

P

Penn Manor High School

East Cottage Avenue, Millersville, PA, 17551

Grades 9-12

1.67 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.