Sparrow House
6144 Germantown Ave, Philadelphia, PA, 19144, US
50 unités
Description de l'actif
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to present Summit Court (the “Property”), a 29-unit apartment community featuring private and semi-private entrances located on Philadelphia’s prestigious Main Line in Bala Cynwyd, PA. Summit Court is situated within the A+ ranked Lower Merion School District, and boasts an average household income of $202,529, presenting an investor with the opportunity to acquire a generational Main Line asset.
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Attributs
Nombre d'unités
29
Occupation
93 %
Année de construction
1952
Superficie locative
2 676 mètres carrés
Média
Points forts de l'investissement
Compelling Value Add Opportunity
Summit Court features 10% classic units with tenured residents and rents that trail the most recent leases by upwards of 15%. The Property features 90% two-bedroom units.
Transient Oriented Location
Summit Court benefits from its walkability to SEPTA's Cynwyd Station and is less than a 10-minute drive from premier Suburban Square.
"A+" Rated School District
Summit Court is located within the impressive "A+" Nicke ranked Lower Merion School District.
Significant Capital Infusion
Current ownership has invested over $1M in preventative maintenance and capital improvements.
Rising Cost of Home Ownership
On average, the monthly rental payment at the Property is 52% lower than the average cost of homeownership.
Superior Main Line Fundamentals
Year-over-year submarket rent growth is to remain above 3.5% through 2027.
Contactez les courtiers
Summit Court Apartments (0 Propriétés)
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Dernière mise à jour
10 déc. 2024
