Multi-housing / PRS

The Netherlands and Chester Plaza

4300 Chestnut Street Philadelphia, PA United States 19104
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
N/A
NOI Net Operating Income N/A
Cap Rate N/A

Key Facts

Year Built 1909
Occupancy 95.0 %

Property Description

The Netherlands and Chester Plaza provide investors with a stable cash flow, as the Portfolio has historically operated at or above 95% occupancy. Investors are provided a prime opportunity to capture up to $250 of embedded loss-to-lease in a like-new asset at a significant discount to new construction. There’s an additional opportunity to develop underutilized space within each building to implement resident-driven amenities.

Investment Highlights

Jones Lang LaSalle, Inc. (“JLL”) is pleased to present the opportunity to acquire The Netherlands and Chester Plaza (the “Properties” or the “Portfolio”) a 109-unit and 77-unit, multi-housing portfolio located less than one mile apart in the heart of University City, Philadelphia.
Carl Fiebig
Carl Fiebig
Senior Director
Licensed in
RS320618 5000439
Mark Thomson
Mark Thomson
Senior Managing Director Co-Head
Licensed in
RS0019034 5000570 RS292417

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