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1925 Lawrence Rd
Waterford Apartments · Multifamily Property For Sale
·
108 Units
INVESTMENT HIGHLIGHTS
Located in the Haverford School District, highlyranked by Niche: Graded A+, ranked #6 best in Delaware County and #31 best in the state
Outstanding Value-Add Potential: Potential to increase rents $200-$300 monthly with a program to modernize and upgrade unit interiors and common areas
Good unit mix and unit size: 67% of the units have two or three bedrooms, and average unit size is 900 SF
Strong demographics surrounding the property: $140,782 Average Household Income within a ½ mile radius and $350,000 Average Housing Value
Immediate access to the I-476 interchange at West Chester Pike (Route 3), twenty minutes to either Conshohocken or the Philadelphia Airport
Solid construction: brick-on-block exterior walls, block partywalls and concrete/steel hallway stairs
PROPERTY FACTS
No. Units
108
Property Type
Multifamily
Property Subtype
Apartment
Apartment Style
Garden
Building Class
C
Lot Size
6.20 AC
Building Size
92,160 SF
No. Stories
3
Year Built
1964
Parking Ratio
1.73/1,000 SF
Zoning
R8
AMENITIES
UNIT AMENITIES
Air Conditioning Cable Ready Dishwasher Disposal
Heating Ceiling Fans Kitchen
Range Tub/Shower Walk-In Closets
Carpet Dining Room Window Coverings
SITE AMENITIES
Controlled Access Laundry Facilities
Property Manager on Site Package Service
UNIT MIX INFORMATION
DESCRIPTION
NO. UNITS
AVG. RENT/MO
SF
1+1
36
-
-
2+1
60
-
-
3+1
1
-
-
3+2
11
-
-
PROPERTY TAXES
Parcel Number
22-01-00805-00
Improvements Assessment
$4,962,440
Land Assessment
$675,830
Total Assessment
$5,638,270
