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Lodgy Studios 205 N 63rd St 10 Unit Apartment Building $1,400,000 ($140,000/Unit) 12% Cap Rate Philadelphia, PA 19139
EXECUTIVE SUMMARY
Multi Family building for sale with tremendous cashflow, active hotel & lodging license. License also allows for long term rental. Building is occupied, cashflowing and updated in like new condition. Monthly gross income ranging from $19,000 - $25,000 / mo. Separate HVAC mini splits, tankless hot water, touchless check-in, smart technology and more! Two additional buildings are also available at 207 and 211 N 63rd. Proof of funds required for private showing.
PROPERTY FACTS
| Price | $1,400,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $140,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.06 AC |
| Cap Rate | 12% | Building Size | 14,000 SF |
| No. Units | 10 | No. Stories | 4 |
| Property Type | Multifamily | Year Built/Renovated | 1915/2025 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RM1 | ||
| Price | $1,400,000 |
| Price Per Unit | $140,000 |
| Sale Type | Investment |
| Cap Rate | 12% |
| No. Units | 10 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.06 AC |
| Building Size | 14,000 SF |
| No. Stories | 4 |
| Year Built/Renovated | 1915/2025 |
| Opportunity Zone |
Yes |
| Zoning | RM1 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Heating
- Kitchen
- Refrigerator
- Oven
- Tub/Shower
SITE AMENITIES
- 24 Hour Access
- Controlled Access
- Tenant Controlled HVAC
- Smoke Free
- Smoke Detector
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 14 | - | - |
1 1
Walk Score®
Very Walkable (82)
Transit Score®
Excellent Transit (79)
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Lodgy Studios | 205 N 63rd St
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