514 N Pottstown Pike, Exton, PA 19341

Property Description

Introducing Brookside Apartments, a 19-unit property located at 514 North Pottstown Pike in Uwchlan Township, Chester County, Pennsylvania. The Property occupies a 1.8-acre parcel along PA Route 100, and is served by the Downingtown Area School District. It consists of two buildings, one of which is only three years old with high-end finishes and central heat and air conditioning. Brookside Apartments offers (9) efficiency, (8) one-bedroom, and (2) two-bedroom apartments, a mix weighted toward smaller units, with 17 of the 19 apartments configured as efficiencies or one-bedrooms. The main building was built in 1957 and contains approximately 8,592 square feet. The second building was built in 2022, and features high-end finishes. Laundry facilities serve residents on site, and all 19 units are currently occupied. Situated on the Route 100 Corridor in the Lionville area of Uwchlan Township, the Property is approximately 3.9 miles from the Pennsylvania Turnpike’s Downingtown Interchange (Exit 312) and about 1.2 miles from U.S. Route 30 Business (Lincoln Highway), with the U.S. Route 30 Bypass and U.S. Route 202 each roughly 4 miles away. That network puts King of Prussia approximately 16 miles and Center City Philadelphia approximately 33 miles from the Property. Exton Station, served by SEPTA’s Paoli/Thorndale Line and Amtrak’s Keystone Service, is approximately 2.1 miles away, and Downingtown Station is approximately 6.2 miles away. Essential shopping is close at hand, with the Main Street at Exton and Exton Square Parkway retail corridor, including Whole Foods Market. The submarket serves as an established employment center, with the global headquarters of West Pharmaceutical Services and Bentley Systems located in Eagleview, approximately 4.4 and 4.9 miles from the Property, respectively. Chester County Hospital (Penn Medicine) in West Chester, and Marsh Creek State Park in neighboring Upper Uwchlan Township, are both about 6.6 miles. Brookside Apartments provides a buyer with an operating, historically well-occupied property with residents in place from day one. The efficiency and one-bedroom mix offers an accessible entry point for renters drawn to the area’s employment base, from the corporate headquarters in Eagleview to the retail corridors along Route 100 and Route 30. Ownership currently carries most of the electric, heat, sewer and trash expenses, giving a new owner an operational lever to evaluate, whether through submetering, a utility billing program, or updated lease terms as units turn over. For an investor seeking a foothold in the Exton submarket, Brookside Apartments is offered in fee simple as a stable, small-unit apartment holding on the Route 100 corridor.