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1650 W SUSQUEHANNA AVE
PHILADELPHIA, PA 19121
Asking Price
$120K
Asset Type
Student Housing Multifamily
Class
Class B
What's Special
Redevelopment | Only 2 Blocks From Temple Campus <ul><li>CMX-2 development parcel located just one block from Temple University</li><li>Potential for mixed-use development with ground-floor retail/commercial and residential units above</li><li>CMX-2 zoning allows up to 38 ft maximum height; unit count subject to lot size and zoning verification</li><li>Bus stop directly in front of the property with convenient access to Broad Street and the Broad Street subway line</li><li>Surrounded by Temple University, nearby schools, neighborhood amen
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NOI
$80,000
Cap Rate
66.72%
DSCR
11.24
Strong
Cash-on-Cash
202.62%
Monthly Payment
$593.2
Annual Cash Flow
$72,881.603
