SNAPSHOT
- LOCATION
- Francisville, Philadelpia, PA
- PROPERTY TYPE
- Triplex
- RAISE AMOUNT
- $175k
- MINIMUM INVESTMENT
- $20k
- CAPITAL ALLOCATION
- Equity + Financing
- TARGET TOTAL ROI
- 12-14%
- TARGET HOLD
- 3-5yr
INVESTMENT OVERVIEW
Gutted rehab triplex property in the booming Francisville/Fairmount area of Philadelphia. Each unit will be custom built with hardwood-tile floors and cabinets, stainless steel appliances, granite counters and a full tile bath. All units will have in-unit laundry. Unit 1 will have sole access to a huge 450 sqft. patio. All units 850+/-sqft 2br 1ba, all with common access to the basement with a dedicated storage unit for each unit. It meets or exceeds all city codes. Construction to be completed by May 2016. Includes 10-year Tax Abatement.
Investment interest includes an equity share and quarterly distribution based on percentage interest.