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.
Listed By
Agency Name: HomeSmart Realty Advisors
Agency Phone: 2156041191
Shown By
Agent Name: Mike & Monica Nelson Team
Agent Phone: Cell: (410) 627-9990
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
1951 Point Breeze Avenue | MLS# PAPH2569688
This commercial property located at 1951 Point Breeze Avenue, Philadelphia, PA 19145 is currently listed for sale with an asking price of $9,200,000. Point Breeze Avenue is located within the PHILADELPHIA CITY school district. Search Philadelphia real estate on www.mikenelsonrealtor.com today.