910 Mcdowell AveChester, PA 19013

For Sale
$6,000,000

54 Units, 8.43% Cap Rate, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
93
This exceptional investment opportunity presents a portfolio of 54 fully renovated, tenant-occupied single-family rental homes located in Chester, Pennsylvania, within Delaware County. The portfolio commands a compelling asking price of $6,000,000, boasting a strong 8.43% capitalization rate and a pro-forma net operating income (NOI) of $506,054. The properties are strategically situated across multiple addresses in Chester, offering diversification and potential for future growth. Each unit has undergone complete renovations, ensuring high-quality housing and attracting a stable tenant base. This presents a rare chance to acquire a substantial multifamily portfolio with proven performance metrics in a desirable location. The properties are conveniently located in the 19013 zip code, providing easy access to local amenities and transportation. Detailed financial statements and property-specific information are available upon request. This portfolio is ideal for investors seeking immediate cash flow and long-term appreciation potential in the thriving Chester real estate market. The consistent occupancy and strong NOI demonstrate the portfolio's resilience and profitability. Don't miss this opportunity to acquire a well-managed, high-performing multifamily investment.

Highlights

  • $6,000,000 asking price for a portfolio of 54 units.
  • Multifamily property consisting of 54 units.
  • 8.43% cap rate.
  • $506,054 pro-forma NOI.
  • Located in Chester, Pennsylvania, 19013.
  • All units are tenant-occupied and fully renovated single-family residences (SFRs).

Property Details for 910 Mcdowell Ave

Property type
Multifamily properties, Apartment buildings
Units
54

Location Insight

City
Chester
County
Delaware
State
Pennsylvania
Latitude
39.8566136
Longitude
-75.3513374
910 Mcdowell Ave, Chester, Pennsylvania

FAQs

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910 Mcdowell Ave
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