Sold
Winchester Walk
318 Units
2600 Welsh Rd.
Philadelphia, PA  19152
Type:  Multifamily
Closed: 11/8/2010
Highlights • Very stable asset • 176 One and Two Bedroom units and a Single Family Residence • Swimming pool and Fitness Center • No capital expenditures for several years • Excellent location near Coventry Mall
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Sold
Valley View Apartments
177 Units
600 West Schuylkill Road
Pottstown, PA  19465
Type:  Multifamily
Closed: 12/22/2008
- Attractive Loan Assumption ($17.6M at 5.51%) - 7.8% CAP rate on in place rent roll and expenses - Over 11% cash flow in year one - Significant CapEx spent by owners in recent years - 99% occupancy in one of the tightest apartment markets in the country - Affluent Shadyside neighborhood - 209 Residential and 36 Commercial Units - 75% 2 and 3 bedroom units - Renovation program yielding $200 / month - All renovated units have been leased - Convenient Public Transportation via the dedicated "Busway " - Strong international graduate student population attending Carnegie Mellon, University of Pittsburgh ("Pitt"), and medical schools. Bids due October 9. . Check Out the Shadyside Neighborhood
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The New Kenmawr Apartments
245 Units
401 Shady Ave
Pittsburgh, PA  15206
Type:  Multifamily
Closed: 5/1/2008
The ownership has retained Cushman & Wakefield as exclusive broker for The Landmark Apartments. Value-Add Opportunity - Renovations yielding $200-$500 / month. Excess land and 1st floor space for development or amenities. Strong Rental Market - Renowned Cherry Hill, NJ, 15+ years of under 5% stabilized vacancy. Infill location with solid population and job growth. Visibility & Convenience - 18 story property sits at Hwy70 and I-295 with more than 130,000 cars per day. 15 minutes to Philadelphia, 90 minutes to NYC. Convenient to Wegman's grocery, Starbucks and other high-end retail. Solid Structure - Brick on Block & Steel, new high-quality windows, new tuckpointing, and more. Favorable mix of 2 & 3 BR's with large floor plans. Well below 50% replacement cost Call Rud to schedule your tour. Offers due by Tuesday, September 18. .
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Landmark Apartments
544 Units
1900 Frontage Rd, Rts. 70 & 295 Ste 107
Cherry Hill, NJ  08034-2211
Type:  Multifamily
Closed: 3/28/2008
  • Value-Add or Condo Conversion Opportunity
  • Strong demographics
  • Just blocks from Arcadia University
  • Walking distance to Entertainment, Dining, and Shopping
  • Convenient trains to Center City
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Sold
Rosemore Gardens
154 Units
218 N Easton Road
Abington, PA  19038
Type:  Multifamily
Closed: 12/15/2006
Sold
Maplewood Apartments
580 Units
33 Maplewood Dr (Rt 38)
Maple Shade, NJ  08052-2063
Type:  Multifamily
Closed: 9/1/2006
Sold
Ramblewood Village Apartments
504 Units
601-A Country Club Parkway
Mt. Laurel, NJ  08054
Type:  Multifamily
Closed: 8/18/2006
Sold
Steward's Crossing
240 Units
Bunker Hill Road
Lawrenceville, NJ
Type:  Multifamily
Closed: 5/13/2003
Sold
Hunter's Chase Apartments
360 Units
100 Hunt Club Trail
Marlton, NJ
Type:  Multifamily
Closed: 4/15/2003
Sold
Cherry Hill Towers
433 Units
2145 Route 38 East
Cherry Hill, NJ  08002
Type:  Multifamily
Closed: 11/1/2002
Sold
Tenby Chase Apartments
327 Units
193 Tenby Chase Dr C8 Rental Office
Riverside, NJ  08075
Type:  Multifamily
Closed: 6/21/2001
Sold
Heatherwood (Formerly Scotch Lane)
300 Units
9200-9250 Bustleton Ave
Philadelphia, PA  19115
Type:  Multifamily
Closed: 12/1/2000
Sold
7400 Roosevelt Apts.
196 Units
7400 Roosevelt Blvd.
Philadelphia, PA  19152
Type:  Multifamily
Closed: 8/29/2000
Sold
Ridge Carlton
163 Units
7373 Ridge Avenue
Philadelphia, PA  19128
Type:  Multifamily
Closed: 8/1/2000
Sold
Windsor at Stonington Farms
198 Units
150 Commons Way
Doylestown, PA  18901
Type:  Multifamily
Closed: 1/11/2000
Sold
Brookview At Elkins Park
217 Units
235 Ashbourne Rd
Elkins Park, PA  19027
Type:  Multifamily
Closed: 11/17/1999
Sold
Nieuw Amsterdam Apartments
171 Units
37 N Maple Ave
Marlton, NJ  08053-1765
Type:  Multifamily
Closed: 10/23/1998
Sold
Glenbrook East
200 Units
26 Waverly Dr # G
Stroudesburg, PA  18360
Type:  Multifamily
Sold
Woodview Apartments
288 Units
175 Daphne Dr
Marlton, NJ  08053-5504
Type:  Multifamily