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Multifamily

301 West Avenue Jenkintown, PA 19046

301 West Ave, Jenkintown, PA 19046

Listing Price: $550,000

Cap Rate
4.33%
Number of Units
5
Occupancy
100.0%
Price/Unit
$110,000
Price/Gross SF
$66.43
Gross SF
8,280

Investment Overview

Marcus & Millichap is pleased to present 301 West Avenue which consists of five apartment units ripe for repositioning located in the quiet neighborhood of Jenkintown just outside of Philadelphia. This extremely rare value add opportunity located in between Abington and Cheltenham Townships provides residents with quick access to public transportation and major area thoroughfares. 301 West Avenue offers potential investors an exceptionally well-located asset in one of the country’s most stable multifamily rental markets. The area is commanding rents significantly higher than currently being charged. With upgrades and releasing at market rents, an investor will create additional long-term value

Investment Highlights

  • Prime Repositioning Opportunity
  • Below Market Rents In A Superb Location
  • Great Location Within Walking Distance To SEPTA Regional Rail.
  • Private Parking
  • Turn-Key Investment

Exclusively Listed By

Financing By

Multifamily

301 West Avenue Jenkintown, PA 19046

Listing Price: $550,000

Cap Rate
4.33%
Number of Units
5
Occupancy
100.0%
Price/Unit
$110,000
Price/Gross SF
$66.43
Gross SF
8,280

Investment Highlights

  • Prime Repositioning Opportunity
  • Below Market Rents In A Superb Location
  • Great Location Within Walking Distance To SEPTA Regional Rail.
  • Private Parking
  • Turn-Key Investment

Investment Overview

Marcus & Millichap is pleased to present 301 West Avenue which consists of five apartment units ripe for repositioning located in the quiet neighborhood of Jenkintown just outside of Philadelphia. This extremely rare value add opportunity located in between Abington and Cheltenham Townships provides residents with quick access to public transportation and major area thoroughfares. 301 West Avenue offers potential investors an exceptionally well-located asset in one of the country’s most stable multifamily rental markets. The area is commanding rents significantly higher than currently being charged. With upgrades and releasing at market rents, an investor will create additional long-term value

Exclusively Listed By

Financing By

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