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1937 Spring Garden St 5 Unité Immeuble d’appartements 1 859 625 $ CAD (371 925 $ CAD/Unité) 6,10% Taux de capitalisation Philadelphia, PA 19130
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Faits saillants de l'investissement
- Abundant Neighborhood Amenities: Access to Award-Winning Restaurants, Boutique Shops, and Museums
- Proximate to Center City Employers: Walking Distance to Aramark and Comcast Universal
- Desirable Unit Mix: (3) One-Bedroom and (2) Three-Bedroom Units
- Convenient to Major Highways: Direct Access to I-95, I-76, and I-676
- Value-Add Investment Opportunity: Renovate Select Unit Interiors to Push Rents
Résumé de l'annonce
On behalf of Ownership, GREA offers qualified investors the opportunity to acquire the fee simple interest in 1937 Spring Garden Street located in the Fairmount-Art Museum section of Center City Philadelphia (the “Property” or “Asset”). The Asset comprises five apartment units with a mix of (3) one-bedroom and (2) three-bedroom floor plans.
The Property presents new ownership the opportunity to employ a light value-add business plan to increase rent. Upgrades to select unit interiors will yield a rental premium bringing rents in line with the top end of the competitive set.
1937 Spring Garden is ideally located, servicing a tenant base looking for a location walkable to restaurants, coffee shops, museums, and nightlife. Fairmount-Art Museum residents are also within walking distance of the Schuylkill River Trail, Martin Luther King Drive, and Center City Philadelphia.
The Asset is transit-oriented, located minutes from major highway routes such as Interstate 76, 676, and 95 presenting unparalleled access throughout the Philadelphia MSA. Further, the 1937 Spring Garden is 0.5 miles from the Spring Garden Station on the SEPTA Broad Street Subway Line, carrying commuters from Fern Rock in North Philadelphia south to the Philadelphia Sports Complex with several stops in Center City.
1937 Spring Garden is a rare opportunity to acquire a value-add brownstone property in a highly regarded neighborhood free from oversupply.
The Property presents new ownership the opportunity to employ a light value-add business plan to increase rent. Upgrades to select unit interiors will yield a rental premium bringing rents in line with the top end of the competitive set.
1937 Spring Garden is ideally located, servicing a tenant base looking for a location walkable to restaurants, coffee shops, museums, and nightlife. Fairmount-Art Museum residents are also within walking distance of the Schuylkill River Trail, Martin Luther King Drive, and Center City Philadelphia.
The Asset is transit-oriented, located minutes from major highway routes such as Interstate 76, 676, and 95 presenting unparalleled access throughout the Philadelphia MSA. Further, the 1937 Spring Garden is 0.5 miles from the Spring Garden Station on the SEPTA Broad Street Subway Line, carrying commuters from Fern Rock in North Philadelphia south to the Philadelphia Sports Complex with several stops in Center City.
1937 Spring Garden is a rare opportunity to acquire a value-add brownstone property in a highly regarded neighborhood free from oversupply.
Faits sur la propriété
| Prix | 1 859 625 $ CAD | Style d’appartement | De hauteur moyenne |
| Prix par unité | 371 925 $ CAD | Classe d’immeuble | C |
| Type de vente | Investissement | Taille du lot | 0,04 AC |
| Taux de capitalisation | 6,10% | Taille du bâtiment | 3 760 pi² |
| Nombre d’unités | 5 | Nombre d’étages | 4 |
| Type de propriété | Immeuble residentiel | Année de construction | 1900 |
| Sous-type de propriété | Appartement | Ratio de stationnement | 0,53/1 000 pi² |
| Zonage | RM-1 | ||
| Prix | 1 859 625 $ CAD |
| Prix par unité | 371 925 $ CAD |
| Type de vente | Investissement |
| Taux de capitalisation | 6,10% |
| Nombre d’unités | 5 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | C |
| Taille du lot | 0,04 AC |
| Taille du bâtiment | 3 760 pi² |
| Nombre d’étages | 4 |
| Année de construction | 1900 |
| Ratio de stationnement | 0,53/1 000 pi² |
| Zonage | RM-1 |
Commodités
Commodités des unités
- Cuisine
- Four
- Fourchette
- Bain/Douche
- Couvre-fenêtres
Commodités du site
- Accès 24 heures
- Pistes cyclables/Piétonnières
- Espace d'entreposage
- Transport en commun
- Sans ascenseur
1 1
Exceptionnellement praticable à pied
100/100
Moyennement facile d’accès en voiture
60/100
Transports en commun exceptionnels
100/100
Moyennement praticable en vélo
70/100
Impôts fonciers
| Numéro de lot | 881583105 | Évaluation des bâtiments | 915 611 $ CAD |
| Évaluation du terrain | 392 405 $ CAD | Évaluation totale | 1 308 015 $ CAD |
Impôts fonciers
Numéro de lot
881583105
Évaluation du terrain
392 405 $ CAD
Évaluation des bâtiments
915 611 $ CAD
Évaluation totale
1 308 015 $ CAD
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1937 Spring Garden St
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