List Search

5250 Wayne Ave
Philadelphia, PA 19144 Germantown

$4,750,000 USD

Apartments For Sale  •  30,000 SF

Property Details

  • Property Type Apartments
  • Total Building Size 30,000 SF
  • Lot Size 0.5 AC
  • Building Class C
  • Year Built 2022
  • Cap Rate 7.51 %
  • Zoning RTA1
64 Transit Score
81 Walk Score

Highlights

Stabilized 27-Unit Multifamily Asset |In-Place NOI: $356,567
7.51% Going-In Cap Rate at asking price |8.23% Cash-on-Cash Return (Year 1)
Approximately 7.5 Years of Tax Abatement Remaining
Strong Debt Metrics: 1.49x DSCR
Average Unit Size: ~1,155 SF (oversized loft layouts)
Transit-Oriented Location with SEPTA bus service directly outside

Property Flyers

Financial Summary

Cap Rate: 7.51 %

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Controlled Access
  • Dishwasher
  • Microwave
  • Tenant Controlled HVAC
  • Smoke Free
  • Vintage Building
  • Kitchen
  • Hardwood Floors
  • Oven
  • Smoke Detector

Public Transportation

Commuter RailDriveWalkDistance
Queen Lane (R8 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 2 min 10 min 0.6 mi
Chelten Avenue (R8 - Southeastern Pennsylvania Transportation Authority Regional Rail (SEPTA Regional Rail)) 2 min 14 min 0.6 mi
AirportDriveWalkDistance
Philadelphia International 30 min - 16.4 mi
Trenton Mercer 53 min - 30.4 mi
Saam Tashayyod 215-608-3734 Trophy Commercial Real Estate
Saam Tashayyod 215-608-3734 Trophy Commercial Real Estate