4050 Ludlow St - Apartments FOR SALE
Philadelphia, PA 19104 |
4050 Ludlow St
Philadelphia, PA 19104
HIGHLIGHTS
- Buyer will receive a 10-year tax abatement on this shovel-ready redevelopment site with approved plans for a 7-story mid-rise apartment building.
- Approved plans feature a 94-unit apartment complex with a common rooftop patio, fitness center, and an 18-space below-grade private parking garage.
- Opportunity to receive incredible price per square footage returns from highly in-demand one-bedroom and studio apartment unit layouts.
- Located in the University City submarket with easy access to Penn Hospital, Penn University, Drexel University, and the Market-Frankford SEPTA Line.
FOR SALE DETAILS
PRICE
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# OF UNITS
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CAP RATE
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% LEASED
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BUILDING DETAILS
PROPERTY NAME
Development Site
PROPERTY TYPE
Multi-Family
APARTMENT STYLE
Mid-Rise
PROPERTY SUBTYPE
Apartments
TOTAL BUILDING SIZE
57214
STORIES
7
YEAR BUILT
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
773013000
