Lower Mill Creek Garden_Propiedad en venta

603 S 43rd St, Philadelphia, PA, 19104, US

Lower Mill Creek Garden

Descripción del activo

Jones Lang LaSalle Americas, Inc. (“JLL”), has been retained on an exclusive basis to arrange the sale of Lower Mill Creek Garden (the “Lot”, “Site”, or “Offering”) a 0.29-acre parcel situated on the corner of Chester Ave and S 43rd Street and located along the west side of Saint Joseph’s University, University City Campus. The Offering is one of twenty buildings and four lots included on the Campus and provides an investor with the opportunity to redevelop the lot and capitalize on the increasing demand and robust fundamentals of the submarket.

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Aspectos destacados de la inversión

Lower Mill Creek Garden is well positioned to capitalize on the increasing renter demand and strong fundamentals of the University City submarket. The parcel’s RTA-1 zoning allows for the by-right development of single-family and two-family homes as well as use as a public/institutional building of up to 18,795 square feet. Additionally, an investor is presented with the opportunity to pursue rezoning of the Lot for multifamily development and further capitalize on the growing demand for housing in this neighborhood.