Project Description
Philadelphia Properties:
- Discounted Price for Funding the Acquisition and Renovation
- 120 Day Renovation Period Guaranteed by Seller
- Renovation Cost Guaranteed by Seller in Advance
- 9.5% average Cap Rates on SFHs
Philadelphia Market:
- Job growth above national average
- Rents have increased 10% over the last 4 years
- Mass-Tourism: Over 4 million visitors annually (one of the U.S.’s top attractions)
- Mega-College Town: Home to 92 colleges and universities, creating consistent rental demand