106 S 16th St | Philadelphia, PA 19102
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- LoopNet Team
106 S 16th St
Philadelphia, PA 19102
1600 Chestnut · Build-to-Rent Property For Sale
·
56 Units
INVESTMENT HIGHLIGHTS
- Trophy Quality Property: Mid-Rise Asset in an Irreplaceable Location
- Turnkey Asset: Institutional Quality In-Place Management; Turnkey Operation
- Award-Winning Neighborhood Amenities: Walk to James Beard Award-Winning Restaurants, Coffee Shops, and Luxury Shopping
- Boutique Luxury Apartment Living: High-End Finishes at a Substantial Discount to Class A High-Rises
- Affluent Center City Location: In the Middle of It All in Philadelphia
- Immediate Access to Public Transportation: Short Walk to Suburban Station, Regional Rail, and the Broad Street Subway
PROPERTY FACTS
| No. Units | 56 | Total Plot Size | 0.14 ac |
| Property Type | Build-to-Rent | Property Size | 37,410 sq ft |
| Property Subtype | Apartment | Average Occupancy | 100% |
| Apartment Style | Mid-Rise | No. Floors | 6 |
| Costar Property Class | C | Year Built/Renovated | 1925/2012 |
| Use Class | CMX-5 | ||
| No. Units | 56 |
| Property Type | Build-to-Rent |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Costar Property Class | C |
| Total Plot Size | 0.14 ac |
| Property Size | 37,410 sq ft |
| Average Occupancy | 100% |
| No. Floors | 6 |
| Year Built/Renovated | 1925/2012 |
| Use Class | CMX-5 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Granite Countertops
- Wooden Floors
- Stainless Steel Appliances
- Wi-Fi
- Wheelchair Accessible (Rooms)
SITE AMENITIES
- 24 Hour Access
- Fitness Centre
- Property Manager on Site
- Lounge
- Public Transportation
PROPERTY TAXES
| Parcel Number | 881031011 | Improvements Assessment | £8,439,377 |
| Land Assessment | £1,489,302 | Total Assessment | £9,928,679 |
PROPERTY TAXES
Parcel Number
881031011
Land Assessment
£1,489,302
Improvements Assessment
£8,439,377
Total Assessment
£9,928,679
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