1951 Point Breeze Ave
$9,200,000
1951 Point Breeze Ave, Philadelphia, PA 19145
7
Cap Rate
33,000 sqft
Building Size
Details:
Highlights:
- Days on Market: 14
- Heating: 90% Forced Air
Description:
Introducing 1951 Point Breeze Ave — A Premier Class A, 30 Unit Luxury Apartment Asset In One Of Philadelphia’s Best Neighborhoods.
Constructed Just 2 Years Ago, This Modern, High Quality Building Offers Investors A Fully Stabilized, Turn Key Multifamily Investment With Approximately 90% Occupancy And Consistent, Strong Rental Demand.
At Full Stabilization, The Property Generates Approximately $60,000 In Monthly Income, Further Enhanced By An Approved Tax Abatement, Resulting In Exceptional Long Term Cash Flow And Reduced Operating Expenses. Designed For Efficiency And Durability, The Asset Features Contemporary Finishes, Energy Efficient Systems, And Minimal Near Term Capital Expenditure Requirements.
With Its Institutional Grade Construction, Low Maintenance Profile, And Core Plus Market Positioning, This Property Represents The Type Of High Performing, Income Producing Asset Sought By Discerning Investors Seeking Stability, Growth, And Long Term Appreciation.
Location
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