The Glenwood
3029 W Glenwood Ave, Philadelphia, PA, 19121, US
49 unités
Attributs
Nombre d'unités
86
Occupation
99 %
Année de construction
1999
Superficie du bâtiment nette
3 870 mètres carrés
Descriptif
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to exclusively offer for sale Providence House, a 86-unit Senior LIHTC property in Reading, PA. The Offering is well-located in Reading and offers a stable, bond-like cash flow due to strong occupancy at 99% and the +45% spread of between in-place lease rents and market-rate rents. The Property presents investors with the opportunity to deploy capital into a well-performing, attractive senior asset with outsized renter demand.
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Points forts de l'investissement
- Stable, Bond-Like Cash Flow
- Market Conversion Flexibility
- Attractive Senior Asset Benefits from Outsized Renter Demand
- Ideal Neighborhood for Seniors
- Centrally Located in a Keystone Opportunity Zone (KOZ)
Média
Providence House (0 Propriétés)
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Dernière mise à jour
26 juin 2025