Log In/Sign Up
Your email has been sent.
The Bordeaux 2600 W Girard Ave 16 Unit Apartment Building $6,571,607 CAD ($410,725 CAD/Unit) 6% Cap Rate Philadelphia, PA 19130
Executive Summary
2600 W Girard LLC presents The Bordeaux, a distinguished mixed-use multifamily asset located at 2600 West Girard
Avenue in the Brewerytown/Fairmount corridor of Philadelphia, Pennsylvania. Completed in Q4 2022, The Bordeaux
represents one of the highest-quality new-construction mixed-use investments in Brewerytown, a neighborhood
experiencing significant appreciation driven by its proximity to Fairmount Park, the Philadelphia Museum of Art, and the
rapidly expanding commercial corridor along West Girard Avenue.
The building comprises 16 residential apartment homes across 4 distinctive unit types (4 one-bedroom, 4 studio, and 8
two-bedroom units), complemented by ground-floor commercial space with a long-term NNN restaurant tenant and a
lower-level office suite, all within a striking 5-story mixed-use structure of 20,938 gross SF. The offering provides investors
with immediate cash flow from a stabilized, professionally managed asset with significant long-term upside through
lease-up of two vacant residential units and the lower-level office suite in an undersupplied submarket.
Avenue in the Brewerytown/Fairmount corridor of Philadelphia, Pennsylvania. Completed in Q4 2022, The Bordeaux
represents one of the highest-quality new-construction mixed-use investments in Brewerytown, a neighborhood
experiencing significant appreciation driven by its proximity to Fairmount Park, the Philadelphia Museum of Art, and the
rapidly expanding commercial corridor along West Girard Avenue.
The building comprises 16 residential apartment homes across 4 distinctive unit types (4 one-bedroom, 4 studio, and 8
two-bedroom units), complemented by ground-floor commercial space with a long-term NNN restaurant tenant and a
lower-level office suite, all within a striking 5-story mixed-use structure of 20,938 gross SF. The offering provides investors
with immediate cash flow from a stabilized, professionally managed asset with significant long-term upside through
lease-up of two vacant residential units and the lower-level office suite in an undersupplied submarket.
Property Facts
| Price | $6,571,607 CAD | Building Class | B |
| Price Per Unit | $410,725 CAD | Lot Size | 0.03 AC |
| Sale Type | Investment | Building Size | 20,940 SF |
| Cap Rate | 6% | Average Occupancy | 90% |
| No. Units | 16 | No. Stories | 5 |
| Property Type | Multifamily | Year Built | 2023 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Apartment Style | Low-Rise | ||
| Zoning | CMX2.5 - Pedestrian-friendly retail and service uses in commercial areas. It promotes active, mixed-use environments with a focus on walkability | ||
| Price | $6,571,607 CAD |
| Price Per Unit | $410,725 CAD |
| Sale Type | Investment |
| Cap Rate | 6% |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.03 AC |
| Building Size | 20,940 SF |
| Average Occupancy | 90% |
| No. Stories | 5 |
| Year Built | 2023 |
| Opportunity Zone |
Yes |
| Zoning | CMX2.5 - Pedestrian-friendly retail and service uses in commercial areas. It promotes active, mixed-use environments with a focus on walkability |
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| Studios | 4 | $1,746 CAD | 465 |
| 1+1 | 4 | $2,088 CAD | 550 |
| 2+2 | 8 | $2,636 CAD | 730 |
Walk Score®
Walker's Paradise (93)
Bike Score®
Very Bikeable (83)
Property Taxes
| Parcel Number | 881070278 | Improvements Assessment | $4,053,472 CAD |
| Land Assessment | $450,386 CAD | Total Assessment | $4,503,858 CAD |
Property Taxes
Parcel Number
881070278
Land Assessment
$450,386 CAD
Improvements Assessment
$4,053,472 CAD
Total Assessment
$4,503,858 CAD
1 of 38
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Presented by
2600 W Girard LLC
The Bordeaux | 2600 W Girard Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.
Your message has been sent!
Activate your LoopNet account now to track properties, get real-time alerts, save time on future inquiries, and more.