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- LoopNet Team
136 Garrett Rd
Upper Darby, PA 19082
Minerva Court · Multifamily Property For Sale
·
56 Units
INVESTMENT HIGHLIGHTS
- 56 Apartments and 8 Retail Units | Located in Upper Darby, PA
- Strong Historical Occupancy | 99 Percent
- Transit Oriented Location | 0.3 Miles to 69th Street Transportation
- Light Renovation Plan in Place | Day One Rent Increases
- Recent Cap Ex | Over $300K
PROPERTY FACTS
| No. Units | 56 | Lot Size | 0.69 AC |
| Property Type | Multifamily | Building Size | 52,800 SF |
| Property Subtype | Apartment | Average Occupancy | 75% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | C | Year Built | 1925 |
| Zoning | C3, Upper Darby Twp - Commercial | ||
| No. Units | 56 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | C |
| Lot Size | 0.69 AC |
| Building Size | 52,800 SF |
| Average Occupancy | 75% |
| No. Stories | 4 |
| Year Built | 1925 |
| Zoning | C3, Upper Darby Twp - Commercial |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Microwave
- Heating
- Kitchen
- Refrigerator
- Oven
- Range
- Tub/Shower
- Freezer
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Laundry Facilities
- Tenant Controlled HVAC
- Public Transportation
- Smoke Detector
ABOUT 136 GARRETT RD , UPPER DARBY, PA 19082
SCOPE Commercial Real Estate Services, LLC "SCOPE" has been exclusively assigned to offer for sale the fee simple interest in Minerva Court Apartments, a mixed-use property with 56 apartments over 8 commercial units in Upper Darby, PA. This opportunity allows investors to continue a light renovation plan and bring rents up to market. Minerva Court is located strategically within blocks of 69th Street Transportation Center, which connects Upper Darby with Center City Philadelphia and surrounding suburbs with 18 bus routes, two train and two trolley routes. The location of the apartments provides residents with access to national retailers on 69th Street including H&M, GAP, Modell's, Lane Bryant as well as an abundance of restaurants and entertainment. The building is a short six miles outside of Center City Philadelphia for commuting residents via Interstate 76, Interstate 95, West Chester Pike, and Route 1. Upper Darby Township is located within Delaware County in southwestern Pennsylvania.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 17 | - | 450 |
| 1+1 | 31 | - | 600 |
| 2+1 | 8 | - | 900 |
PROPERTY TAXES
| Parcel Number | 16-04-00587-00 | Improvements Assessment | $2,641,930 |
| Land Assessment | $209,470 | Total Assessment | $2,851,400 |
PROPERTY TAXES
