2139 N 18TH STREET, PHILADELPHIA, PA 19121
Listing Presented By
Keller Williams Philly
Duplex,Row/Town/Clu - PHILADELPHIA, PA
Part of a portfolio of housing, this listing is for the Benton Student Housing portfolio. See attached marketing package for more information. Conveniently located on both the east and west side of North Broad Street, the portfolio of buildings are situated within two blocks of the Temple University campus, making it easy for student residents to walk to class in minutes. Additionally, all of the properties are within the Temple University shuttle service area, allowing students to get a ride from campus directly to their front door. The portfolio includes 20 units and 89 bedrooms across 11 buildings. Six of the properties encompassing 57 bedrooms were newly constructed between 2013 and 2014. The remaining 5 properties containing 32 bedrooms are rehabbed row homes. By raising rents to market rates across the board, there is 10+% upside which can be added to the current rent roll (see in "2016-17 BSH Rent Roll For Sale" document). With 6 new construction buildings and 5 rehabbed properties and unit sizes between 3 and 6 bedrooms, this portfolio is uniquely positioned to offer quality student housing at many different price points to virtually any group size. The properties can be purchased together or in separate portfolios.
Built In: 2014
Last Updated: June 8, 2017
Posted: February 22, 2017