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3428 N 18th St
Philadelphia, PA 19140
THE OASIS ON 18TH · Immeuble residentiel Propriété À vendre
·
43 Unités
Certaines informations ont été traduites automatiquement.
Faits saillants de l'investissement
- 43-Unit Development Opportunity | Preliminary plans show a four-story, 43-unit multifamily building totaling approximately 35,761 SF
- In-Place Income | 40 self-storage units totaling 8,910 RSF with 100% occupancy, generating approximately $67,860 in annual rental income
- Qualified Opportunity Zone (QOZ) | Located within a QOZ, offering potential federal tax advantages for investors
- Basis | Offered at $1,000,000 for a development site with in-place income
- Zoning / Development Potential | Zoned RSA-3 with a clear path to multifamily development
- Clean & Executable | Phase I environmental completed with no issues identified and preliminary plans in place
Résumé de l'annonce
SCOPE Commercial Real Estate Services, LLC (“SCOPE”) is pleased to present the opportunity to acquire 3428 N 18th Street, “The Oasis,” a multifamily development site with in-place income located in the Nicetown–Tioga neighborhood of Philadelphia. The Property represents a hybrid investment opportunity, offering current rental income alongside a clear path to redevelopment. Currently operating as North Philly Self-Storage, the asset consists of 40 self-storage units totaling approximately 8,910 rentable square feet and generating approximately $66,077 in annual rental income with full occupancy.
The Property is positioned for the development of a four-story, 43-unit multifamily building totaling approximately 35,761 gross square feet. Preliminary architectural plans
have been completed, which show 18 on-site parking spaces, 15 bicycle spaces, rooftop amenity areas, and common space, with a unit mix consisting of studios, one-bedroom, and two-bedroom apartments. These plans provide a defined framework for future development while allowing an investor to finalize approvals and tailor the project to their specifications.
Situated on a ±19,881 square foot (0.42-acre) parcel, the Property is positioned on a quiet residential block and set back from the street, offering a unique sense of separation from surrounding traffic while remaining accessible to the broader corridor. The surrounding area is experiencing ongoing new construction and redevelopment activity and is located within close proximity to major demand drivers including Temple University, Temple Health, and other employment centers.
The Property is located within a Qualified Opportunity Zone (QOZ), which may provide potential federal tax incentives for investors. In addition, a Phase I environmental report has been completed with no issues identified. With in-place income, preliminary plans, and a clear path toward redevelopment, 3428 N 18th Street presents a well-defined opportunity for investors seeking both current cash flow and future development
potential.
The Property is positioned for the development of a four-story, 43-unit multifamily building totaling approximately 35,761 gross square feet. Preliminary architectural plans
have been completed, which show 18 on-site parking spaces, 15 bicycle spaces, rooftop amenity areas, and common space, with a unit mix consisting of studios, one-bedroom, and two-bedroom apartments. These plans provide a defined framework for future development while allowing an investor to finalize approvals and tailor the project to their specifications.
Situated on a ±19,881 square foot (0.42-acre) parcel, the Property is positioned on a quiet residential block and set back from the street, offering a unique sense of separation from surrounding traffic while remaining accessible to the broader corridor. The surrounding area is experiencing ongoing new construction and redevelopment activity and is located within close proximity to major demand drivers including Temple University, Temple Health, and other employment centers.
The Property is located within a Qualified Opportunity Zone (QOZ), which may provide potential federal tax incentives for investors. In addition, a Phase I environmental report has been completed with no issues identified. With in-place income, preliminary plans, and a clear path toward redevelopment, 3428 N 18th Street presents a well-defined opportunity for investors seeking both current cash flow and future development
potential.
Faits sur la propriété
| Prix par unité | 32 332 $ CAD | Taille du lot | 0,46 AC |
| Type de vente | Investissement | État de la construction | Proposé |
| Nombre d’unités | 43 | Taille du bâtiment | 35 761 pi² |
| Type de propriété | Immeuble residentiel | Nombre d’étages | 4 |
| Sous-type de propriété | Appartement | Année de construction | 2027 |
| Style d’appartement | De hauteur moyenne | Ratio de stationnement | 0,5/1 000 pi² |
| Classe d’immeuble | A | ||
| Zonage | RSA-3 | ||
| Prix par unité | 32 332 $ CAD |
| Type de vente | Investissement |
| Nombre d’unités | 43 |
| Type de propriété | Immeuble residentiel |
| Sous-type de propriété | Appartement |
| Style d’appartement | De hauteur moyenne |
| Classe d’immeuble | A |
| Taille du lot | 0,46 AC |
| État de la construction | Proposé |
| Taille du bâtiment | 35 761 pi² |
| Nombre d’étages | 4 |
| Année de construction | 2027 |
| Ratio de stationnement | 0,5/1 000 pi² |
| Zonage | RSA-3 |
Commodités
Commodités des unités
- Climatisation
- Micro-ondes
- Système de sécurité
- Four
- Sans fumée
Commodités du site
- Accès 24 heures
- Terrasse sur le toit
- Entreposage de vélo
- Ascenseur
- Espace d'étude
Unité renseignements sur le mélange
| Description | Nombre d’unités | Loyer moyen/mois | pi² |
|---|---|---|---|
| 1+1 | 24 | - | - |
| 2+1 | 7 | - | - |
| Studios | 12 | - | - |
Impôts fonciers
| Numéro de lot | 112255500 | Évaluation des bâtiments | 0 $ CAD |
| Évaluation du terrain | 56 852 $ CAD | Évaluation totale | 56 852 $ CAD |
Impôts fonciers
Numéro de lot
112255500
Évaluation du terrain
56 852 $ CAD
Évaluation des bâtiments
0 $ CAD
Évaluation totale
56 852 $ CAD
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