1925 Lawrence Rd | Havertown, PA 19083
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1925 Lawrence Rd
Havertown, PA 19083
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 | Lot Size | 6.20 AC |
| Property Type | Multifamily | Building Size | 92,160 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Garden | Year Built | 1964 |
| Building Class | C | Parking Ratio | 1.73/1,000 SF |
| Zoning | R8 | ||
| 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
- Storage Space
- Maintenance on site
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 |
PROPERTY TAXES
Parcel Number
22-01-00805-00
Land Assessment
$675,830
Improvements Assessment
$4,962,440
Total Assessment
$5,638,270
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