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2400 W Hunting Park Ave - Hunting Ave Autoshop 1,791 sq ft Specialist Building Offered at £261,681 at a 12% Net Initial Yield in Philadelphia, PA 19129
INVESTMENT HIGHLIGHTS
- High traffic area
- Value add
- Amongst major institutional development
- 6 units by right based on lot size
EXECUTIVE SUMMARY
Unique opportunity to own a tenant occupied auto mechanic garage with a 30 year tenancy. Tenant is behind on payments and seller is prepared forgive all back rents owed and have tenant sign a new lease with the purchaser.
High traffic area and directly across the street from a major development by a pharmaceutical company completely changing the area.
Build 6 units by right based on lot size.
High traffic area and directly across the street from a major development by a pharmaceutical company completely changing the area.
Build 6 units by right based on lot size.
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access |
ANNUAL | ANNUAL PER sq ft |
|---|---|---|
| Gross Rental Income |
-
|
-
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
-
|
-
|
| Net Operating Income |
$99,999
|
$9.99
|
FINANCIAL SUMMARY (PRO FORMA - 2024) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per sq ft | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per sq ft | $9.99 |
PROPERTY FACTS
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Walk Score®
Easily Walkable (72)
Transit Score®
Excellent Public Transport (70)
PROPERTY TAXES
| Parcel Number | 882966115 | Improvements Assessment | £129,614 (2026) |
| Land Assessment | £32,404 (2026) | Total Assessment | £162,018 (2026) |
PROPERTY TAXES
Parcel Number
882966115
Land Assessment
£32,404 (2026)
Improvements Assessment
£129,614 (2026)
Total Assessment
£162,018 (2026)
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2400 W Hunting Park Ave - Hunting Ave Autoshop
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