Francisville Porfolio
Multifamily | 6.91% CAP | 16 Units
Marketing description
Cash flowing turnkey 16 units (5 properties) in the epicenter of Francisville's development zone. Offering a rare assemblage of turn newer development multi family buildings in the ever expanding Francisville Philadelphia. All within blocks from each other and primed for its new investor! Can be purchased as a package or individually. 1906-10 Ingersoll, 1321 N 19th and 1316 N 18th. 5 BUILDINGS WITHIN BLOCKS / 16 UNITS MIX OF STUDIO - 3 BED / REMAINING ABATEMENTS 2-7 YRS / TURN KEY MULTI RES BUILDINGS / AREA NEW DEVELOPMENT / TENANT MIX VOUCHER AND MARKET RATE / $255,000 + ANNUAL NOI.
Seller is not looking to discount prices based on a bulk sale.
Investment highlights
Offering a rare assemblage of turn newer development multifamily buildings in the ever-expanding Francisville Philadelphia. All within blocks from each other and primed for its new investor! Can be purchased as a package or individually.
5 Buildings within blocks
16 Units mix of studio - 3 bed
Remaining abatements 2-7 yrs
Turn key Multi Res buildings
Area new development
Tenant mix voucher and market rate
$255,000 + Annual NOI
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