101 West Ave

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101 West Ave

Jenkintown, PA 19046
Asking Price
$2.00M
Asset Type
Traditional Office Office
Class
Class B

What's Special

72% Occupied | Recently Renovated <div><span style="font-weight: bold">PA Auctioneer: Tammy A. Miller, PA AU005891</span></div><ul><li>​Prestigious Jenkintown address surrounded by dense residential neighborhoods and high household incomes.</li><li>​84,210sf Class A Office Building ideal for office or medical uses.</li><li>​Strong tenant mix including Bank of America (Merrill Lynch), Ivy Rehab, Truist Bank, and Serge Chernow, Kurtzman and Company, P.C.</li><li>​Recently renovated common areas including a modern atrium style lobb

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NOI
$80,000
Cap Rate
4.00%
DSCR
0.67
Underwater
Cash-on-Cash
-6.46%
Monthly Payment
$9,894.909
Annual Cash Flow
$-38,738.905

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