1401 N 15th St
|Price per :||$3,500,000.00|
Rare opportunity to acquire a large street to street, 12 unit (48 total bedroom) property located in a prime student housing area at Temple University. This property was built in 2014 and still has 9 years on the tax abatement. In addition, it runs from 15th St to Carlisle St, highly desirable area for student housing as Temple is expanding south.
All apartments are spacious with comfortable layouts, large bedrooms, private laundry, separate central air, camera intercoms, and many other modern amenities sought by student renters at Temple.
Already almost fully leased up for next semester (which starts in August), this property is easy to lease year after year. Seller guarantees minimum rent roll of $25k/month starting August 1, 2015.