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47XX Property Package 2,000 Acres of Commercial Land Offered at $1,854,535 CAD in Philadelphia, PA 19136
Executive Summary
Property Facts
| Price | $1,854,535 CAD | Property Type | Land |
| Sale Type | Investment | Property Subtype | Commercial |
| No. Lots | 1 | Total Lot Size | 2,000.00 AC |
| Price | $1,854,535 CAD |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Total Lot Size | 2,000.00 AC |
1 Lot Available
Lot
| Price | $1,854,535 CAD | Lot Size | 2,000.00 AC |
| Price Per AC | $927.27 CAD |
| Price | $1,854,535 CAD |
| Price Per AC | $927.27 CAD |
| Lot Size | 2,000.00 AC |
9-unit Philadelphia rowhouse portfolio offered at $1,350,000 (9% blended cap rate), fully occupied, cash flowing on day one. Current rent roll of $9,350/month against $20,330 in annual taxes produces approximately $91,870 in net operating income.
Description
9-unit Philadelphia rowhouse portfolio offered at $1,350,000 (9% blended cap rate), fully occupied, cash flowing on day one. Current rent roll of $9,350/month against $20,330 in annual taxes produces approximately $91,870 in net operating income. Average acquisition cost of $150,000 per door, at or below individual retail comps in each corridor. Six of nine units sit in PHA Group 1 ZIP codes (19124) where the 3-bedroom Housing Choice Voucher payment standard is $1,788/month — nearly double current in-place rents averaging $960/month. Eight of nine units are 3BR/1BA brick and stone rowhouses; one is a 4BR/1.5BA. All units occupied. Buyer to perform independent due diligence on tenant leases, rental licensing, and HQS compliance requirements. Portfolio must be sold as a single package — no individual unit sales. Contact listing agents for full rent roll, underwriting package, and PHA payment standard documentation. Confidential offering – full property list, financials, and rent roll available upon request. Do not disturb tenants.
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47XX Property Package
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