1100 Prism Pl, Moon Twp, PA, 15108, US

Prism at Diamond Ridge

资产描述

Prism at Diamond Ridge (the “Property”), is a newly constructed, 336-unit luxury suburban apartment community located directly off I-376 in the coveted Moon Township, equidistant to downtown Pittsburgh and the Pittsburgh International Airport. Prism at Diamond Ridge is strategically located in the heart of the Parkway West Corridor, one of suburban Pittsburgh’s largest employment centers. This thriving submarket is home to several of the region’s major employers, including Dick’s Sporting Goods, FedEx Ground, and Connective Rx, among many others. Over the past decade, the submarket has experienced explosive growth, driven by its impressive stock of best-in-class office parks and retail establishments.

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属性

单位数量

336

建成年份

2023

建筑等级

Class A

投资策略

核心

媒体

投资亮点

Recent leasing activity underscores the Property’s strong performance. Over the trailing 90-day period, 30 new leases were signed at an impressive 7.76% increase above the previous net effective rental rates, while the last 24 renewals saw an average increase of 3.62%. Additionally, 20 of the 336 units feature a signature collection, which includes upgraded cabinetry, premium kitchen hardware, walk-in showers, deluxe closet systems, and more. These units command a premium of $175, offering ownership the opportunity to expand this premier package program.