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2400 WEST 2400 W Montgomery Ave 8 Unit Apartment Building $2,421,531 CAD ($302,691 CAD/Unit) 6.80% Cap Rate Philadelphia, PA 19121
Investment Highlights
- TOP 10 USA MSA - RENT GROWTH - PHL
- TURNKEY NEW CONSTRUCTION MULTIFAMILY
- 10 YR TAX ABATEMENT
- TOP DESTINATION IN WORLD TO VISIT - 2026 - WSJ
- CORNER PROPERTY WITH COMMANDING PRESENCE
Executive Summary
2400 WEST is a turnkey 8-unit new build multifamily property (2025 vintage) on a hard corner in Philadelphia, Pennsylvania — the top destination in the world to visit in 2026 (WSJ) and a top-10 USA MSA for rent growth in 2026. Easy access to downtown Philly, Temple University, Museums District. This boutique apartment building features luxury vinyl plank flooring, stainless steel appliances, washer-dryer in-unit, sun-soaked interiors, sleek bathrooms and a panoramic skyline rooftop deck showcasing 360-degree views of PHL. 6.8% CAP. 10yr tax abatement through 2035. Enquire within for financials. Seize the opportunity to acquire prime commercial real estate in a major American metropolis TODAY.
Property Facts
| Price | $2,421,531 CAD | Building Class | B |
| Price Per Unit | $302,691 CAD | Lot Size | 0.03 AC |
| Sale Type | Investment | Building Size | 5,547 SF |
| Cap Rate | 6.80% | Average Occupancy | 100% |
| No. Units | 8 | No. Stories | 3 |
| Property Type | Multifamily | Year Built | 2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | RM1 | ||
| Price | $2,421,531 CAD |
| Price Per Unit | $302,691 CAD |
| Sale Type | Investment |
| Cap Rate | 6.80% |
| No. Units | 8 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.03 AC |
| Building Size | 5,547 SF |
| Average Occupancy | 100% |
| No. Stories | 3 |
| Year Built | 2025 |
| Opportunity Zone |
Yes |
| Zoning | RM1 |
Amenities
Unit Amenities
- Air Conditioning
- Dishwasher
- Microwave
- Washer/Dryer
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
- Freezer
Site Amenities
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 4 | - | - |
| 2+1 | 4 | - | - |
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Moderately bikeable
60/100
Property Taxes
| Parcel Number | 881000491 | Improvements Assessment | $517,007 CAD |
| Land Assessment | $91,204 CAD | Total Assessment | $608,211 CAD |
Property Taxes
Parcel Number
881000491
Land Assessment
$91,204 CAD
Improvements Assessment
$517,007 CAD
Total Assessment
$608,211 CAD
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2400 WEST | 2400 W Montgomery Ave
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