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2709 Cecil B Moore Avenue

Philadelphia PA 19121

31
21169 sq. ft.
6800 sq. ft.
Other
Currently for sale - view listing

Overview

INTRODUCING, "The Columbia," in Philadelphia, Pennsylvania. This brand new ?21,000 SF boutique apartment building is being offered as a turnkey investment property in a Top-10 USA MSA. The Columbia features eighteen (18) new construction apartments plus amenities: fitness center, elevator, private balconies, common roof terraces, wifi nook, bike room, smart lock technology, in-unit washer/dryer combos, deluxe fit + finish kits, and more. The Columbia offers modern and stylish architecture with high quality materials inside and out. Each unit has a spacious, well-lit open layout that creates a seamless flow between living, dining, and kitchen areas. With a variety of floorplans available and an average size of ?800 SF per apartment, The Columbia's units boast tremendous spatial quality inside each apartment home. Unit mixture: Six (6) 1bd x 1ba, eleven (11) 2bd x 2ba, and one (1) 3bd x 2ba apartments. Designed by KORE and built by GRIT (two of Philly's most reputable firms), The Columbia provides an attractive 7.15% cap rate and carries a full 10yr tax abatement. Minimal OPEX combined with above-average rent growth make The Columbia one of the most prime acquisition opportunities available in the Greater Philadelphia marketplace.

Features

31 bedrooms
21169 sq. ft. floor area
6800 sq. ft. lot size
Other

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