Listed by Keller Williams Philly
$9,000,000
Rev Row
Details
Property Type Multifamily
Sub Type Apartment Building, Single Family Rental Portfolio
Net Rentable (SqFt) 76,500
Units 30
Cap Rate 15.23%
NOI $1,370,687
Class B
Year Built 2024
Buildings 2
Stories 3
Lot Size (SqFt) 37,500
Ownership Fee Simple
30 Unit Pre CO Qualified Opportunity Zone Investment
Marketing description
Introducing REV ROW, the R(eclaimed) E(clectic) V(ibe)! a state-of-the-art new construction 30 townhome development community prominently positioned in the vibrant Port Richmond neighborhood of Philadelphia. Discover a truly unique style of urban living in this upcoming townhome community that breaks the mold. The sale includes all 30 townhouse units to be purchased. This is a unique opportunity to place QOZ fund capital into what will be a cash flowing, turn of the market area. Management is in place to assist with leasing upon settlement.
Investment highlights
Pre CO Qualified Opportunity Zone Investment
Turn Key Investment
Property Manager In Place
Listing Contacts
Listed by Keller Williams Philly
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$1,370,687.00
$114,223.92/mo
Valuation Metrics
0
DSCR
15.23%
Cap Rate
15.23%
ROI
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