Description
224 E Dorset St,
Philadelphia,
PA
19119
22 home portfolio for sale in the surging Germantown section of Philadelphia, Pennsylvania. Turnkey investment sale offered at an extremely attractive 7.5% cap rate with major rental upside (9.5% pro forma cap rate on market rate rents) in a fast-growing desirable location. Assets have been well maintained and historically occupied throughout Ownership's tenure. This is a rare chance to acquire a cash flowing real estate portfolio in an emerging submarket with appreciation forecast for double digit annual returns. These properties are offered well below replacement cost. The area is booming with new construction apartments, homes and retail. Easy access to downtown Philly, University City, and Greater Philadelphia suburban employment centers. Enquire within for financials.
Listing By: Compass Pennsylvania, LLC via Data Source: Bright MLS
2758515-PAPH2042958
MLS ID
Price History
date | price | variance | type | global |
---|
4/15/2022 | $3,270,000 | - | Sold | view listing |
listing agent: Ryan McManus