ADDRESS
1004 King Street
Alexandria, VA 22314
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The Bordeaux Apartments offers a lucrative investment opportunity in Brewerytown. This new construction mixed-use property boasts 16 modern apartment units and 2 commercial spaces, providing a diverse revenue stream. The apartments feature a mix of studios, one, and two-bedroom units with modern finishes, high ceilings, large windows, and in-unit washer/dryers. 9 years remaining on full tax abatement. Located just 10 minutes from Downtown Philadelphia, residents will enjoy convenient access to the city's vibrant attractions. The apartment building is situated in a historic neighborhood surrounded by trendy eateries like Rybrew and cultural landmarks such as Eastern State Penitentiary and The Philadelphia Museum of Art. With a strong pro forma and a competitive CAP rate, The Bordeaux Apartments present a promising opportunity for investors looking to capitalize on Philadelphia's growing economy. Don't miss out on this chance to be part of one of Philly's up-and-coming neighborhoods!
3 weeks ago | Listing updated with changes from the MLS® | |
a month ago | Listing first seen on site |
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