251 W DeKalb Pike | King Of Prussia, PA 19406
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251 W DeKalb Pike
King Of Prussia, PA 19406
251 Dekalb · Multifamily Property For Sale
·
628 Units
INVESTMENT HIGHLIGHTS
- Philadelphia’s premier suburban high-rise
- Tremendous unit type variety and high-end European finishes
- Light kitchen upgrades could yield additional rental premiums
- Unique site on 26 sprawling acres
- Current rents are 25% below the Competitive Set
- Heavy lifting is complete: transition from redevelopment to improving operational efficiencies
PROPERTY FACTS
| No. Units | 628 | Building Size | 804,184 SF |
| Property Type | Multifamily | Average Occupancy | 95% |
| Property Subtype | Apartment | No. Stories | 9 |
| Apartment Style | Mid-Rise | Year Built/Renovated | 1970/2015 |
| Building Class | A | Parking Ratio | 4/1,000 SF |
| Lot Size | 26.72 AC | ||
| Zoning | HR | ||
| No. Units | 628 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | A |
| Lot Size | 26.72 AC |
| Building Size | 804,184 SF |
| Average Occupancy | 95% |
| No. Stories | 9 |
| Year Built/Renovated | 1970/2015 |
| Parking Ratio | 4/1,000 SF |
| Zoning | HR |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Cable Ready
- Dishwasher
- Disposal
- Microwave
- Washer/Dryer
- Tile Floors
- Double Vanities
- Eat-in Kitchen
- Kitchen
- Hardwood Floors
- High Speed Internet Access
- Range
- Tub/Shower
- Views
- Walk-In Closets
- Carpet
- Den
- Dining Room
- Garden
- Island Kitchen
- Window Coverings
SITE AMENITIES
- Business Center
- Controlled Access
- Concierge
- Courtyard
- Fitness Center
- Laundry Facilities
- Playground
- Pool
- Property Manager on Site
- Spa
- Tenant Controlled HVAC
- Gated
- Breakfast/Coffee Concierge
- Cabana
- Gameroom
- Grill
- Gas Range
- On-Site Retail
- Package Service
- Pet Play Area
- Trash Pickup - Door to Door
- Walking/Biking Trails
- Roof Terrace
- Elevator
- Maintenance on site
- Multi Use Room
- Sundeck
- Study Lounge
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| Studios | 121 | - | - |
| 1+1 | 112 | - | - |
| 1+2 | 5 | - | - |
| 2+1 | 5 | - | - |
| 2+2 | 6 | - | - |
| 2+2 | 184 | - | - |
| 3+2 | 190 | - | - |
| 3+2 | 1 | - | - |
| 3+3 | 2 | - | - |
| 4+2 | 2 | - | - |
PROPERTY TAXES
| Parcel Number | 58-00-06321-002 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $26,770,000 |
PROPERTY TAXES
Parcel Number
58-00-06321-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$26,770,000
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