Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2024
Sq.Footage
N/A
INTRODUCING, "The Columbia," in Philadelphia, Pennsylvania. This brand new ±21,000 SF boutique apartment building is being offered as a turnkey investment property in a Top-10 USA MSA. The Columbia features eighteen (18) new construction apartments plus amenities: fitness center, elevator, private balconies, common roof terraces, wifi nook, bike room, smart lock technology, in-unit washer/dryer combos, deluxe fit + finish kits, and more. The Columbia offers modern and stylish architecture with high quality materials inside and out. Each unit has a spacious, well-lit open layout that creates a seamless flow between living, dining, and kitchen areas. With a variety of floorplans available and an average size of ±800 SF per apartment, The Columbia's units boast tremendous spatial quality inside each apartment home. Unit mixture: Six (6) 1bd x 1ba, eleven (11) 2bd x 2ba, and one (1) 3bd x 2ba apartments. Designed by KORE and built by GRIT (two of Philly's most reputable firms), The Columbia provides an attractive 7.15% cap rate and carries a full 10yr tax abatement. Minimal OPEX combined with above-average rent growth make The Columbia one of the most prime acquisition opportunities available in the Greater Philadelphia marketplace.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
0.16
-
Property Type
Commercial Sale
Exterior
-
Garage
No
-
Parking
None
Financial
-
Sales Price
$4,560,000
-
Tax Amount
3601.0
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Location
County
PHILADELPHIA
Elementary School
Middle School
High School
Listing Courtesy of Ryan J McManus , Keller Williams Liberty Place
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Owner, President, Investment Property Advisor
TheresaKehler
Call Theresa today to schedule a private showing.
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