This Multifamily Property is no longer advertised on LoopNet.com.

2234 N Broad St
Philadelphia, PA 19132
2234-38 N Broad Apartments · Multifamily Property For Sale · 30 Units

Investment Highlights

  • Close to Temple University Campus.
  • Shovel Ready Multi Family DEVELOPMENT Site in QOZ.
  • Designed by developers with over 20 years experience in the Temple Student Housing Market.

Property Facts

No. Units 30
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Mid-Rise
Building Class C
Lot Size 0.21 AC
Construction Status Abandoned
Building Size 34,000 SF
Average Occupancy 100%
No. Stories 5
Zoning CMX2.5 - Commercial Mixed Use

Amenities

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Security System
  • Granite Countertops
  • High Speed Internet Access
  • Sprinkler System
  • Stainless Steel Appliances
  • Breakfast Nook

Site Amenities

  • 24 Hour Access
  • Recycling
  • Trash Pickup - Door to Door
  • Bicycle Storage
  • Elevator

About 2234 N BROAD ST , PHILADELPHIA, PA 19132

Student housing development site located in the Temple University area 1 block north of campus. The site will be delivered shovel ready, this means you will be able to pick up the building permit and begin construction right away. The property is situated in a prime location along the North Broad corridor and has been designed by a company with extensive knowledge of and experience in the Temple University North Philadelphia Sub Market (Over 20 Mid and high rise projects). This property is within one of Philadelphia's Qualified Opportunity Zones. Property will be 29 residential units studio, 1bd, 2bd, and 3bd with 1 to 1 bedroom to bathroom ratio. Total of 66 beds and 1 commercial space. This property is on the same block as the Dauphin Susquehanna Broad Street Line Subway stop and one block north of Temple's White Hall Student Residence. 10 year tax abatement available.

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
3+3 16 $2,250 950 - 1,150
2+2 5 $1,700 750 - 900
1+1 2 $1,200 650 - 750
Studios 6 $1,000 400 - 550

Property Taxes

Property Taxes

Parcel Number
882919376
Land Assessment
$90,600
Improvements Assessment
$362,600
Total Assessment
$453,200
  • Listing ID: 16743603

  • Date on Market: 7/27/2019

  • Last Updated:

  • Address: 2234 N Broad St, Philadelphia, PA 19132

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