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Multifamily

Lofts at Henry Hall

2209 N Broad St, Philadelphia, PA 19132

Listing Price: $4,000,000

Cap Rate
7.00%
Number of Units
21
GRM
10.68
Occupancy
95.0%
Price/Unit
$190,476
Price/Gross SF
$234.22
Gross SF
17,078

Investment Overview

Marcus & Millichap has been exclusively retained to market for sale Lofts at Henry Hall (the "Property"), a newly constructed mixed-use property featuring 21 rental apartments above a ground floor commercial space. Located at 2209 N. Broad Street, the property provides immediate access to Temple University's campus as well as area retail and transit.
The Property is made up of eleven one-bedroom units, three being bi-level units on the first floor, nine two bedroom units and one bi-level three bedroom unit also on the first floor. Each unit boasts high end finishes such as quartz countertops, built in surround sound for each living room, large windows, in-suite
laundry, and 1:1 bedroom to bathroom parity. In addition, every unit has its own hot water tank with subdivided plumbing. With security and safety at the top of mind, ownership constructed the Property with on site parking, electronic controlled access, and 24-hour surveillance.

Investment Highlights

  • New Construction with FULL 10-Year Tax Abatement
  • Elevator
  • Three Parking Spaces
  • Transit Oriented Location with Immediate Access to Temple University's Campus
  • Security Intercom with Video - 24 Hour Surveillance
  • Roof Deck with Sonos Surround Sound
  • Indoor Bike Storage

Exclusively Listed By

Financing By

Multifamily

Lofts at Henry Hall

Listing Price: $4,000,000

Cap Rate
7.00%
Number of Units
21
GRM
10.68
Occupancy
95.0%
Price/Unit
$190,476
Price/Gross SF
$234.22
Gross SF
17,078

Investment Highlights

  • New Construction with FULL 10-Year Tax Abatement
  • Elevator
  • Three Parking Spaces
  • Transit Oriented Location with Immediate Access to Temple University's Campus
  • Security Intercom with Video - 24 Hour Surveillance
  • Roof Deck with Sonos Surround Sound
  • Indoor Bike Storage

Investment Overview

Marcus & Millichap has been exclusively retained to market for sale Lofts at Henry Hall (the "Property"), a newly constructed mixed-use property featuring 21 rental apartments above a ground floor commercial space. Located at 2209 N. Broad Street, the property provides immediate access to Temple University's campus as well as area retail and transit. The Property is made up of eleven one-bedroom units, three being bi-level units on the first floor, nine two bedroom units and one bi-level three bedroom unit also on the first floor. Each unit boasts high end finishes such as quartz countertops, built in surround sound for each living room, large windows, in-suite laundry, and 1:1 bedroom to bathroom parity. In addition, every unit has its own hot water tank with subdivided plumbing. With security and safety at the top of mind, ownership constructed the Property with on site parking, electronic controlled access, and 24-hour surveillance.

Exclusively Listed By

Financing By

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