701 Easton Road, Warrington, PA, 18976, US

The Apartments at Valley Square

资产描述

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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属性

土地总面积

14,043 平方米

包裹

50-031-034-001

分区

Mixed Use

建筑物数量

楼层数

停车位

183

单位数量

201

媒体

投资亮点

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