Historical Multifamily Sale Listing - Cigar Factory Apartments

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Cigar Factory Apartments

311 W Marshall Street, Norristown, PA 19401

N/A

40 Units | Multifamily

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Cigar Factory Apartments

Multifamily Property - Off Market

Price:
N/A
No. Units:
40
Building Size:
30,000 SF
Property Type:
Multifamily
Property Sub-type:
Garden/Low-Rise
Property Use Type:
Investment
Cap Rate:
7%
Occupancy:
100%
No. Stories:
3
Year Built:
1990
APN / Parcel ID:
13-00-25496-006
Listing ID
15042789
Last Updated
over 1 year ago

Highlights

  • Luxury-style apartments with in-unit washer and dryer
  • Regional Rail Line (R-6) stop is located two blocks away
  • Built in early 1990’s (Converted Factory)
  • Current in-place rents significantly below market
  • Elevator Service
  • 100% occupied

Description

PROPERTY OVERVIEW
PROPERTY ADDRESS: 311 W Marshall Street Norristown, Pennsylvania
PARCEL NUMBER: 13-00-25496-006
MUNICIPALITY: Norristown
COUNTY: Montgomery County
FLOOD PLAIN: not in 100 year Flood Zone
COMPLETION DATE: 1870 (Converted factory in early 1990' s)
TOTAL APARTMENTS: 40
NUMBER OF BUILDINGS: 1
STORIES: Three and a half stories with elevator
PARCEL SIZE: 1.71 acres
PARKING: Municipal Lot across street and ample parking on street

Norristown, PA
Located in close proximity to King of Prussia/Route 202 Corridor

Map of 311 W Marshall Street, Norristown, PA 19401 (Montgomery County)

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