Olde Kensington Portfolio Multi-Family FOR SALE


Philadelphia, PA - Avenue Of The Arts North
$13,145,000 USD
610-520-0100
, Philadelphia, PA for Sale
$13,145,000 USD
Multi-Family - FOR SALE
1/6
null | 6.35% Cap Rate

Olde Kensington Portfolio
Philadelphia, PA
Avenue Of The Arts North


OVERVIEW

The Mike McCann Team and McCann Commercial are pleased to market the sale of the LEX Portfolio, a 55 Unit new construction multifamily / mixed-use portfolio located within the emerging and upcoming neighborhoods of North Philadelphia, such as Francisville, Old Kensington, Ludlow, Temple Hospital and Hartranft. Each of these properties has received a 10-year tax abatement in the years they were each respectfully built. These properties were constructed from the ground up by a reputable local builder, ensuring quality craftsmanship throughout. Every building in the portfolio has been beautifully designed, boasting features such as private rooftop decks, balconies, luxury vinyl tile ooring, stainless steel appliances, white shaker cabinets, and spacious living spaces. Each unit is equipped with central air, a washer/dryer, a dishwasher, and security cameras throughout all common areas for added safety. Additionally, every building includes a janitor's closet. All properties are fully electric, with no gas, and tenants are responsible for their own utilities. These properties can be purchased individually or as a portfolio as ever sees t to a buyers need.

ASK ABOUT THIS PROPERTY

McCann KW AdminKeller Williams EmpowerMore Info
610-520-0100

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McCann KW AdminKeller Williams EmpowerMore Info
610-520-0100

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