1951 Point Breeze Ave
Multifamily | 30 Units | $306,667/unit
Marketing description
1951 POINT BREEZE AVE • PHILADELPHIA, PA 19145
LUXURY 30-UNIT NEW CONSTRUCTION APARTMENT BUILDING – CLASS A ASSET
INTRODUCING 1951 POINT BREEZE AVE, A PREMIER CLASS A, 30-UNIT LUXURY APARTMENT BUILDING LOCATED IN ONE OF PHILADELPHIA’S FASTEST-GROWING NEIGHBORHOODS. BUILT JUST 2 YEARS AGO, THIS MODERN PROPERTY OFFERS INVESTORS A FULLY STABILIZED, TURN-KEY INCOME-PRODUCING ASSET WITH 90% OCCUPANCY AND STRONG RENTAL DEMAND.
THIS HIGH-QUALITY BUILDING DELIVERS $52,000+ IN MONTHLY INCOME, SUPPORTED BY AN APPROVED TAX ABATEMENT, ENSURING EXCEPTIONAL LONG-TERM CASH FLOW AND MINIMIZED OPERATING EXPENSES. WITH LOW MAINTENANCE COSTS, CONTEMPORARY FINISHES, AND ENERGY-EFFICIENT SYSTEMS, THIS IS THE TYPE OF ASSET INSTITUTIONAL INVESTORS SEEK IN CORE-PLUS MARKETS.
Investment highlights
PROPERTY HIGHLIGHTS
30 UNITS – BUILT IN 2023
CLASS A CONSTRUCTION WITH PREMIUM MATERIALS
90% OCCUPIED – IMMEDIATE CASH FLOW
STABILIZED, TURN-KEY INVESTMENT IN A HIGH-GROWTH CORRIDOR
$52,000+ MONTHLY INCOME WITH STRONG RENT UPSIDE
APPROVED TAX ABATEMENT – SIGNIFICANT SAVINGS FOR YEARS
LOW MAINTENANCE & EFFICIENT BUILDING SYSTEMS
MODERN LAYOUTS, LUXURY INTERIORS, AND PROFESSIONAL FINISHES
SECURE ENTRY, CAMERA SYSTEM, AND ENERGY-EFFICIENT MECHANICALS
LOCATED IN POINT BREEZE, SURROUNDED BY NEW CONSTRUCTION, RETAIL, TRANSIT, COFFEE SHOPS, AND RESTAURANTS
STRONG TENANT BASE AND CONSISTENT RENTAL DEMAND IN THIS APPRECIATING SUBMARKET
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