2139 18TH Street,  Philadelphia PA, 19121

(Active)
$4,100,000
|
9 beds, 5 baths, 2,469 sqft
|
MLS# 6930687
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Last Updated: 8/17/2017 12:35 AM
Description for 2139 18TH Street Philadelphia, PA 19121
Part of a portfolio of housing, this listing is for the Benton Student Housing portfolio. See attached marketing package for more information. Conveniently located on both the east and west side of North Broad Street, the portfolio of buildings are situated within two blocks of the Temple University campus, making it easy for student residents to walk to class in minutes. Additionally, all of the properties are within the Temple University shuttle service area, allowing students to get a ride from campus directly to their front door. The portfolio includes 20 units and 89 bedrooms across 11 buildings. Six of the properties encompassing 57 bedrooms were newly constructed between 2013 and 2014. The remaining 5 properties containing 32 bedrooms are rehabbed row homes. By raising rents to market rates across the board, there is 10+% upside which can be added to the current rent roll (see in "2016-17 BSH Rent Roll For Sale" document). With 6 new construction buildings and 5 rehabbed properties and unit sizes between 3 and 6 bedrooms, this portfolio is uniquely positioned to offer quality student housing at many different price points to virtually any group size. The properties can be purchased together or in separate portfolios.
Price
$4,100,000
Temple University
PHILADELPHIA
9
5
2,469 (approx)
6930687
Active
Description
Part of a portfolio of housing, this listing is for the Benton Student Housing portfolio. See attached marketing package for more information. Conveniently located on both the east and west side of North Broad Street, the portfolio of buildings are situated within two blocks of the Temple University campus, making it easy for student residents to walk to class in minutes. Additionally, all of the properties are within the Temple University shuttle service area, allowing students to get a ride from campus directly to their front door. The portfolio includes 20 units and 89 bedrooms across 11 buildings. Six of the properties encompassing 57 bedrooms were newly constructed between 2013 and 2014. The remaining 5 properties containing 32 bedrooms are rehabbed row homes. By raising rents to market rates across the board, there is 10+% upside which can be added to the current rent roll (see in "2016-17 BSH Rent Roll For Sale" document). With 6 new construction buildings and 5 rehabbed properties and unit sizes between 3 and 6 bedrooms, this portfolio is uniquely positioned to offer quality student housing at many different price points to virtually any group size. The properties can be purchased together or in separate portfolios.
Listing Information
Property Type: Duplex
9 5
0.03 Acres SE 2,469 (approx)
2014 Stucco
Temple University
2 Total
Neighborhood
School Information
District: Philadelphia
Room Information
In Unit, Dryer Connection
Interior Features
Central Air
Gas Heat
Full
3
Exterior / Lot Features
Stucco
16X75
RM1
Financial Considerations
$997
Listing Price History

Philadelphia Real Estate

Philadelphia is located in Pennsylvania. Philadelphia, Pennsylvania 19121 has a population of 1,567,442.

The median household income in Philadelphia, Pennsylvania 19121 is $37,460. The median household income for the surrounding county is $37,460 compared to the national median of $53,482. The median age of people living in Philadelphia 19121 is 33.6 years.

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Courtesy: Keller Williams Philly
BRIGHT MLS - All information, regardless of source, should be verified by personal inspection by and/or with the appropriate professional(s). The information is not guaranteed. Measurements are solely for the purpose of marketing, may not be exact, and should not be relied upon for loan, valuation, or other purposes.
Information is deemed reliable but is not guaranteed.

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