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The Columbia 2709-2715 Cecil B Moore Ave 18 Unit Apartment Building $4,500,000 ($250,000/Unit) 7.14% Cap Rate Philadelphia, PA 19121
INVESTMENT HIGHLIGHTS
- The Columbia is a new construction boutique 18-unit fully-occupied asset with a 10-year tax abatement which began in 2024.
- Part of the Lower North Philadelphia Speculative Housing Historic District, reflecting ongoing urban renewal and investment in the area
- Situated in the Brewerytown Historic District, known for its rich architectural heritage and proximity to Temple University
EXECUTIVE SUMMARY
Anchor Retail is proud to exclusively present this Class A investment asset for sale. The Columbia is located just steps from Temple University, offering high visibility and consistent tenant demand in a rapidly developing corridor. The property benefits from strong foot traffic, excellent public transit access, and proximity to major employers such as Temple Health. Surrounded by a diverse mix of national retailers, local eateries, and student housing. Ongoing neighborhood revitalization and institutional investment ensure long-term appreciation and stability.
DATA ROOM Click Here to Access
PROPERTY FACTS
| Price | $4,500,000 | Apartment Style | Mid-Rise |
| Price Per Unit | $250,000 | Building Class | B |
| Sale Type | Investment | Lot Size | 0.15 AC |
| Cap Rate | 7.14% | Building Size | 14,424 SF |
| No. Units | 18 | No. Stories | 4 |
| Property Type | Multifamily | Year Built | 2024 |
| Property Subtype | Apartment | Opportunity Zone |
Yes
|
| Zoning | RM1 - Residential Multi-Family 1 | ||
| Price | $4,500,000 |
| Price Per Unit | $250,000 |
| Sale Type | Investment |
| Cap Rate | 7.14% |
| No. Units | 18 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.15 AC |
| Building Size | 14,424 SF |
| No. Stories | 4 |
| Year Built | 2024 |
| Opportunity Zone |
Yes |
| Zoning | RM1 - Residential Multi-Family 1 |
AMENITIES
UNIT AMENITIES
- Balcony
- Washer/Dryer
- Stainless Steel Appliances
- Island Kitchen
- Patio
- Vinyl Flooring
SITE AMENITIES
- Fitness Center
- Security System
- Package Service
- Roof Terrace
- Bicycle Storage
- Elevator
- Lounge
- Study Lounge
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 6 | - | - |
| 2+2 | 11 | - | - |
| 3+2 | 1 | - | - |
1 1
Walk Score®
Very Walkable (83)
PROPERTY TAXES
| Parcel Number | 882015090 | Improvements Assessment | $2,043,360 |
| Land Assessment | $510,840 | Total Assessment | $2,554,200 |
PROPERTY TAXES
Parcel Number
882015090
Land Assessment
$510,840
Improvements Assessment
$2,043,360
Total Assessment
$2,554,200
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The Columbia | 2709-2715 Cecil B Moore Ave
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