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.

Listing courtesy of Keller Williams Liberty Place



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.