Centennial Court Townhomes
For sale238 Centennial Court, Hanover, PA 17331
Property type
Multifamily
Unit / Space count
8
Price
$2,320,000
Year built
2026
Stories
2
APN
67-000-07-0371-00-00000
Zoning code
R5
Number of buildings
2
Unit mix
8 -br
Bedroom count
24
CAP
5.76%
Building size
11,200 SF
Property description
Presenting Centennial Court, a newly designed eight-unit townhome development on Centennial Avenue in the heart of Hanover, York County, Pennsylvania. This project is in construction stage. The project consists of two four-unit buildings totaling 11,200 square feet, with each unit offering 1,400 SF across two stories — three bedrooms, two bathrooms, a first-floor family room, dining room, kitchen, mudroom, powder room, and private front porch and rear patio. The craftsman-influenced exterior features stone veneer, board-and-batten siding, and pitched gable rooflines, delivering the kind of curb appeal that attracts and retains quality tenants. All utilities are separately metered and paid by tenants, and the exterior is low maintenance, keeping operating costs lean. At an asking price of $2,320,000.00 ($290,000 per unit), the project is offered at a 5.76% CAP rate with projected rents. This is current pricing, and post construction stabilized pricing may be higher.
Property highlights
- Walkable location in downtown Hanover
- Solid Tenant Market with strong jobs
- New construction low maintenance buildings