105 Amberley Dr - Apartments FOR SALE


Blue Bell, PA 19422- Conshohocken/Plymouth Meeting
$41,530,000 USD
215-454-2878
105 Amberley Dr, Blue Bell, PA for Sale
$41,530,000 USD
Apartments - FOR SALE
1/16
null | 7.4% Cap Rate


HIGHLIGHTS

  • Core Asset: 119-Unit garden-style community located on ±17.5 acres in highly desirable Blue Bell, Montgomery County, Pennsylvania
  • Strong Rent Growth & Value-Add Potential: In-place rents average $1.80 PSF with the upgraded units are achieving $2.10 PSF showing significant upside
  • Recent Capital Improvements Projects: Built in 2006 and maintained by the original developer/owner
  • Excellent Occupancy: Currently 99% occupancy, historically runs at 97% to 100%
  • Desirable Layouts & Amenities: All units feature private entrances, patios or balconies, 9' ceilings, gas fireplaces, and in-unit laundry
  • Exceptional Connectivity & Lifestyle Access: Minutes to Routes 202 and 422 and I-76

OVERVIEW

Global Real Estate Advisors (GREA) is pleased to exclusively present the opportunity to acquire the fee simple interest in Amberley at Blue Bell, a 119-unit luxury apartment community on ±17.5 acres, located in the affluent Blue Bell area in the heart of Montgomery County, Pennsylvania. Built in 2006, this garden-style property is situated within the affluent township of Whitpain and benefits from Blue Bell’s highly regarded schools, high-income demographics, and strategic location along major transportation corridors. Amberley at Blue Bell features a highly desirable mix of one- and two-bedroom apartments, with one-bedroom units averaging ±900 square feet and two-bedroom apartments averaging ±1,200 square feet. Each residence includes premium features such as private entrances, in-unit washers and dryers, gas fireplaces, private patios or balconies, and covered parking - along with direct-access entries and 9' ceilings, delivering a high-end living experience that appeals to discerning suburban renters. The community offers thoughtful amenities, including a 24-hour fitness center, clubhouse, tennis court, and professionally landscaped grounds. The Property is currently 99% occupied, with strong leasing velocity, demonstrating consistent demand and operational stability. Montgomery County is characterized by high barriers to entry and limited new multifamily supply, especially in sought-after submarkets like Blue Bell. Located just off Routes 202 and 73, and minutes from I-476, I-276, and I-76, Amberley at Blue Bell provides residents with excellent regional access to employment centers in King of Prussia, Plymouth Meeting, and Center City, Philadelphia. Further, the community benefits from proximity to leading employers such as Johnson & Johnson, Unisys, Merck, and Einstein Medical Center Montgomery, supporting a strong base of healthcare, tech, and corporate tenants. Amberley at Blue Bell presents investors with a rare opportunity to acquire a multifamily asset with clear value-add potential in one of the most supply-constrained and affluent submarkets in the Greater Philadelphia Region. With proven occupancy, below-market rents, and long-term fundamentals, the Property is ideally positioned to deliver both near-term cash flow and long-term asset appreciation.

FOR SALE DETAILS

PRICE

$41,530,000 USD

PRICE/SF

$306 USD /SF

# OF UNITS

119

PRICE/UNIT

$348,992

CAP RATE

7.4%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Amberley at Blue Bell

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

PARKING SPACES

298

LAND DETAILS

LAND ACRES

15.38 AC

LAND SF

669,953 SF

ZONING

I

APN/PARCEL ID

66-00-04087-005

ASK ABOUT THIS PROPERTY

215-454-2878

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

215-454-2878

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.