Listed by Keller Williams Philly
$2,786,000
Francisville Porfolio
Details
Property Type Multifamily
Sub Type Apartment Building
Square Footage 20,450
Units 14
Cap Rate 8.24%
NOI $229,460
Occupancy 100%
Price per SqFt $136
Year Built 2018
Buildings 4
Zoning RM1
Sale Condition 1031 exchange
Multifamily | 8.24% CAP | 14 Units
Marketing description
Cash flowing turnkey triplexs in the epicenter of Francisville's development zone. Offering a rare assemblage of turn key 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 and 1316 N 18th. 4 BUILDINGS WITHIN BLOCKS / 12 UNITS / REMAINING ABATEMENTS 2-7 YRS / TURN KEY MULTI RES BUILDINGS / AREA NEW DEVELOPMENT / TENANT MIX VOUCHER AND MARKET RATE / $277,000 + ANNUAL GROSS INCOME. 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 Francisville Philadelphia. All within blocks from each other and primed for its new investor! Can be purchased as a package or individually.
- 4 Buildings within blocks
- 14 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
- $277,000 + Annual Gross Income
Listing Contacts
Listed by Keller Williams Philly
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$229,460.00
$19,121.67/mo
Valuation Metrics
0
DSCR
8.24%
Cap Rate
8.24%
ROI
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