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COLLEGE NINE 2015-2019 N College Ave 9 Unit Apartment Building $3,685,229 CAD ($409,470 CAD/Unit) 6% Cap Rate Philadelphia, PA 19121

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INVESTMENT HIGHLIGHTS

TOP 10 USA MSA
HIGH-GROWTH LOCATION
EASY ACCESS TO AMENITIES

SCENIC SETTING OVERLOOKING GIRARD COLLEGE FIELDS
MINIMAP OPEX; 10 YR TAX ABATEMENT

EXECUTIVE SUMMARY

Welcome to College Nine, a boutique collection of three (3) turnkey new construction triplexes built in 2021, located along historic College Avenue in the booming Brewerytown section of Philadelphia,Pennsylvania. College Nine is easily walkable to all amenities, bars, breweries, restaurants and cafes along Girard Avenue commercial corridor. Each building contains three units; the lower unit (Unit 1) is bilevel and composed of 3bd x 3ba and a private back patio. Upper units (Units 2 and Unit 3) are composed of 1bd x 1ba full-floor layouts (flats), each with their own balcony. Fully-leased apartment property. High-demand real estate. Top-10 USA MSA. Redbrick curb appeal. Stylish, spacious units. FULL 10 year tax abatement coupled with minimal OPEX. Rent growth and appreciation forecast for years to come in this emerging submarket of Philly. 6% Pro Forma Cap Rate. Easy access into downtown Philly. Just 10 minutes to City Hall, the urban core. The scenic location overlooks historic Girard College — a Philadelphia institution. Ideal 1031 exchange. Enquire within for financials.

PROPERTY FACTS

Price	$3,685,229 CAD	Building Class	B
Price Per Unit	$409,470 CAD	Lot Size	0.09 AC
Sale Type	Investment	Building Size	9,592 SF
Cap Rate	6%	Average Occupancy	100%
No. Units	9	No. Stories	3
Property Type	Multifamily	Year Built	2021
Property Subtype	Apartment	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Apartment Style	Low-Rise
Zoning	RM1

Price	$3,685,229 CAD
Price Per Unit	$409,470 CAD
Sale Type	Investment
Cap Rate	6%
No. Units	9
Property Type	Multifamily
Property Subtype	Apartment
Apartment Style	Low-Rise
Building Class	B
Lot Size	0.09 AC
Building Size	9,592 SF
Average Occupancy	100%
No. Stories	3
Year Built	2021
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	RM1