6516 Germantown Ave - Apartments FOR SALE


Philadelphia, PA 19119
$1,425,000 USD
610-606-1095
6516 Germantown Ave, Philadelphia, PA for Sale
$1,425,000 USD
Apartments - FOR SALE
1/52
null | 6.8% Cap Rate

6516 Germantown Ave
Philadelphia, PA 19119


HIGHLIGHTS

  • Brand New Asset
  • Premium Location
  • 10 Year Tax Abatement

OVERVIEW

Introducing 6516 Germantown Avenue in West Mount Airy (Philadelphia, PA) — a brand new mixed-use asset located on the quaint cobbles in one of Philly's most coveted historic districts with high barriers to entry. Investment Highlights: New Construction Multifamily Investment • Exceptional Dual-Corner Presence, Command, Curb Appeal • Ground Floor Destination Restaurant (Brick Oven Pizzeria) • Three (3) Spaciously Appointed Luxury Apartments • 69' Frontage on Germantown Avenue (area's main commercial corridor) • Sweeping Panoramic Rooftop Terrace • 10 Year Tax Abatement • 6.8% Pro Forma Cap • Access to Multiple Septa Train Stations, Germantown and Chestnut Hill (Shopping and Dining Districts) • Access to Parks, Country Clubs, Green Spaces + more

FOR SALE DETAILS

PRICE

$1,425,000 USD

PRICE/SF

$339 USD /SF

# OF UNITS

-

CAP RATE

6.8%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Cobblestone Corner

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

2024

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.05 AC

LAND SF

1,966 SF

ZONING

CMX2

APN/PARCEL ID

882935610

ASK ABOUT THIS PROPERTY

Ryan McManusKeller Williams Liberty PlaceMore Info
610-606-1095

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Ryan McManusKeller Williams Liberty PlaceMore Info
610-606-1095

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.