Wolf of Kislak sells Grandview Estates Portfolio in Waynesboro, PA for $13.25M
Waynesboro, PA — The Kislak Company, Inc. announced the recent sale of Grandview Estates, a 100-unit townhouse community in Waynesboro, Franklin County for $13.25 million.
Kislak marketed the portfolio with vice president Matt Wolf handling the assignment. Wolf also procured the purchaser. He commented: “We procured a number of aggressive offers, which is a testament to the demand for residential units in tertiary markets such as Waynesboro. This was a great opportunity for the purchaser to acquire 100 units, which were all three-bedroom townhouses, in excellent condition with the potential to increase rents.”
The community features 100 three-bedroom townhomes each with two and one-half baths. Kitchens are fully equipped with modern appliances: dishwasher/disposal, microwave, natural gas range, and refrigerator. All apartments also feature central air conditioning; forced hot air heating system; washer/dryer hook-up and one car garage on the lower level. Other amenities include abundant storage space; private balconies with large, composite decks; one car driveway parking; and pet-friendly options.