2600 W Girard Ave - Apartments FOR SALE


Philadelphia, PA 19130- Brewerytown
$4,799,000 USD
202-570-1688
2600 W Girard Ave, Philadelphia, PA for Sale
$4,799,000 USD
Apartments - FOR SALE
1/38
null | 6% Cap Rate

2600 W Girard Ave
Philadelphia, PA 19130
Brewerytown


OVERVIEW

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.

FOR SALE DETAILS

PRICE

$4,799,000 USD

PRICE/SF

$229 USD /SF

# OF UNITS

16

PRICE/UNIT

$299,938

CAP RATE

6%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

The Bordeaux

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2023

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,307 SF

ZONING

CMX2.5

APN/PARCEL ID

881070278

ASK ABOUT THIS PROPERTY

Jeremy Terr2600 W Girard LLCMore Info
202-570-1688

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Jeremy Terr2600 W Girard LLCMore Info
202-570-1688

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