3315 Spring Garden St - Apartments FOR SALE


Philadelphia, PA 19104- Mantua
$1,699,000 USD
267-205-1369
3315 Spring Garden St, Philadelphia, PA for Sale
$1,699,000 USD
Apartments - FOR SALE
1/15
null | 6.23% Cap Rate

3315 Spring Garden St
Philadelphia, PA 19104
Mantua


HIGHLIGHTS

  • $1M balance in Assumable loan for 3.7% until 2031
  • Turnkey, fully leased and low maintance
  • Location - Heart of University City/Drexel University
  • Full management available

OVERVIEW

Assumable loan at 3.7%, Newer construction in the heart of University city/Drexel university area. Large and modern units that rent themselves. 100% leased since construction producing great cashflow with very low maintenance. Tax abatement in place. Full management available for a turnkey investment.

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$416 USD /SF

# OF UNITS

4

PRICE/UNIT

$424,750

CAP RATE

6.23%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

2018

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.04 AC

LAND SF

1,742 SF

ZONING

RM1

APN/PARCEL ID

242002700

ASK ABOUT THIS PROPERTY

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267-205-1369

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Reda AkbilCompass CommercialMore Info
267-205-1369

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