4123–27 Westminster Avenue, a 12-unit multifamily investment located in West Philadelphia.​ The asset consists of a balanced mix of six 1-bedroom units and six 2-bedroom units, averaging approximately 750 square feet per unit, offering an efficient and highly marketable unit mix that appeals to a broad tenant base.

The unit mix caters to a broad tenant base, including students, young professionals, and roommate-style renters, resulting in strong leasing demand and operational stability.​ The asset benefits from a straightforward layout, consistent unit configuration, and efficient property management.​ The property is in year 1 of the full 10-year tax abatement.​

At the asking price of $2,375,000, the asset delivers an inplace Net Operating Income of approximately $168,566, equating to a 7.10% cap rate, with the ability to achieve a stabilized NOI of approximately $185,250 (7.80% cap) through mark-to-market leasing.​

Investment Highlights
*​12-Unit Multifamily Asset
​*7.10% In-Place Cap Rate
*​7.80% Stabilized Cap Rate
​*Average Unit Size: 750 SF
​*Below-Market Rents with Immediate Upside
​*Total Rentable SF: 9,000 SF
​*Average Rent: $1,562 vs. $1,691 Market
​*10-year Tax Abatement
​*In-Place NOI: $168,566
​*Stabilized NOI: $185,250
​*Strong In-Place Cash Flow with Value-Add Potential