Prescott Arms

6725 Marshall Road Upper Darby, PA 19082



Property Details

  • Price-
  • Property TypeMulti Unit Housing
  • NeighborhoodUpper Darby
  • Number of Units50
  • Lot Size-
  • Price/Unit-
  • Price/Bedroom-
  • Year Built1965

Investment Highlights

  • Property is 100% Occupied
  • Opportunity to Raise Rent 10 to 15%
  • Excellent Location with Easy Access to Philadelphia and the 69th Street Transportation Center
  • Well-Constructed with Concrete Plank Floors

Description

Prescott Arms offers potential buyers an excellent value and opportunity. The rents are significantly under market; rents could be raised as much as 10-15%. The property has numerous long-term tenants whose rent has not been raised for quite some time. The property is currently 100% occupied and has historically been running at 100% occupancy.

Most comparable rentals are running at 95% or better. Given the high barriers to entry in Delaware County, specifically Upper Darby has been an excellent location to own and manage apartment properties.

Property Status

NOTE: This property is no longer available.


Location


View Larger Map

Comments are closed.

MENU