Active
2709 Cecil B Moore Ave
Philadelphia PA, 19121
$4,800,000
$226.75 per sqft
Active
31 Beds
21,169 sqft
Other
Built in 2024
INTRODUCING, "The Columbia," in Philadelphia, Pennsylvania. This brand new +-21,000 SF boutique apartment building is being offered as a turnkey investment property in a Top-10 USA MSA. The Columbia features eighteen (18) new construction apartments plus amenities: fitness center, elevator, private balconies, common roof terraces, wifi nook, bike room, smart lock technology, in-unit washer/dryer combos, deluxe fit + finish kits, and more. The Columbia offers modern and stylish architecture with high quality materials inside and out. Each unit has a spacious, well-lit open layout that creates a seamless flow between living, dining, and kitchen areas. With a variety of floorplans available and an average size of +-800 SF per apartment, The Columbia's units boast tremendous spatial quality inside each apartment home. Unit mixture: Six (6) 1bd x 1ba, eleven (11) 2bd x 2ba, and one (1) 3bd x 2ba apartments. Designed by KORE and built by GRIT (two of Philly's most reputable firms), The Columbia provides an attractive 6.5% cap rate and carries a full 10yr tax abatement. Minimal OPEX combined with above-average rent growth make The Columbia one of the most prime acquisition opportunities available in the Greater Philadelphia marketplace.
PAPH2447820
MLSⓇ ID
February 21, 2025
Listed
February 28, 2025
Updated
Interior Features
Total Stories
4
Bedrooms
31
Fireplace
No
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central, Natural Gas
Basement
Yes
Exterior/Building Features
Lot Size
0.16 Acres
Architectural Style
Unit/Flat
Roof
Fiberglass
Sewer
Public Sewer
School Information
School District
PHILADELPHIA CITY
Other Property Details
Area Name
PHILADELPHIA
Taxes
$3,601
Tax Frequency
Annually
Days on Market
4
Garage
No
View
Yes
View Description
City
County
PHILADELPHIA
Water Source
Public
Listed by Keller Williams Liberty Place
Listing Contact: 6106061095
The IDX display contains information sourced from the Bright MLS, Inc. as of 2/28/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 2/28/2025 at 8:16 PM UTC