Fantastic Investment Opportunity 3 1 Single-family Properties | Fully Occupied | Current NOI is $348,636.75 | Professionally Managed Package | $5, 250 ,000
A fantastic opportunity to acquire a premium, fully occupied, and well managed portfolio of 3 1 single-family properties centered in and around the burgeoning Cobbs Creek neighborhood in West Philadelphia. All 3 1 parcels are situated in a tight geographic area ideal for management and enhanced economies of scale. In a red hot neighborhood with some under-valued rents. If desired, enjoy the flexibility to improve and spin-off certain assets and hold the rest. The current NOI is $348,636.75 . Superb capital appreciation potential. Professionally managed package (property manager can remain, at buyer’s option). These 3 1 townhomes present an advantageous investment opportunity in a rapidly improving West Philadelphia neighborhood, close to amenities, public transportation, Cobbs Creek Trail, and other developments. Inclusive of those developments is a $65 million commitment by the city of Philadelphia, The Cobbs Creek Foundation, and The TGR Foundation (founded by Tiger Woods) to revamp the existing golf course (Philadelphia's oldest course), enhance the public space, and create an educational campus for local youth. The Cobbs Creek Environmental Center has also planned significant improvements.
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