
Head House Flats
528 S 2nd St, Philadelphia, PA, 19147-2452, US
47 单元
Jones Lang LaSalle (“JLL”) is proud to present Project Lotus, an exceptional 581-home/638-unit single-family rental portfolio strategically positioned in the
thriving Philadelphia market. This premier investment opportunity showcases a robust 86% Section 8 tenant base, offering in-place affordability, confirmed rent increases, and valuable tax abatements. The result is a stable and predictable cash flow stream with secured rent growth projections for the coming years.
Over the course of the current ownership, more than $52 million in capital expenditures have been meticulously invested, resulting in well-maintained
homes with renovated interiors and an impressive average effective age of approximately 7 years. This substantial investment underscores the portfolio’s
quality and long-term value proposition.
Project Lotus is uniquely positioned at the intersection of three dynamic market trends: Philadelphia’s strong urban fundamentals, the burgeoning singlefamily
rental sector, and the ever-growing demand for quality affordable housing. This convergence creates an unparalleled opportunity for investors to
capitalize on the momentum of these expanding markets.
By acquiring Project Lotus, investors will secure a meticulously maintained, cash-flowing portfolio of 638 single-family rental units, poised to benefit from
Philadelphia’s robust market dynamics and the increasing demand for affordable housing options.







