Summit Court Apartments
101 Summit Ln, Bala Cynwyd, PA, 19004-2930, US
29 unités
Description de l'actif
Jones Lang LaSalle Americas, Inc. (“JLL”), a licensed real estate broker, has been retained on an exclusive basis to arrange the sale of 701 Easton Road (the “Site”, “The Apartments at Valley Square”, or “Valley Square”), a development site located in the South Parking Lot of the Shops at Valley Square in Warrington, Bucks County, PA. At present, ownership has received all re-zoning permits and is in the process of obtaining entitlements for the Site. The offering presents investors with the opportunity to construct up to 300 luxury apartments, and capitalize on Central Bucks County’s consistently strong multi-housing fundamentals.
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Attributs
Superficie du terrain brute
14 043 mètres carrés
Colis
50-031-034-001
Zonage
Mixed Use
Nombre de bâtiments
1
Nombre d'étages
5
Places de parking
183
Nombre d'unités
201
Média
Points forts de l'investissement
Prime Multi-Family Development Site
- Located in the South Parking Lot of the Shops at Valley Square, anchored by a collection of national retailers and restaurants
Exceptional Commuter Access
- Situated at the intersection Route-132 & Route-611 ensures seamless connectivity to major highways such as I-95, Route-309, and the PA Turnpike
Consistent Submarket Fundamentals
- Averaged 5.3% rent growth over the past 5 years. Projected to reach 3.7% by year-end 2024 and remain above 3.0% for the foreseeable future
Central Bucks County School District
- Rated the #1 school district in the county (Niche.com)
Adjacent to Wegman's Food Market
- Located 0.2 miles from nationally acclaimed grocer, Wegman’s Food Market
Lack of Existing Supply
- Upon completion, The Apartments at Valley Square will be one of only four 100+ unit newly constructed multi-housing assets delivered in the Central Bucks County submarket over the last decade
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The Apartments at Valley Square (0 Propriétés)
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Dernière mise à jour
19 déc. 2024
