Mihir Kothari

Mihir Kothari

My properties (1)

Off-Market 1031 Replacement: 6-Unit University City Philadelphia, Built 2020, 6.8% Cap, Tax-Abated to 2031

For Sale

OFF-MARKET 1031 REPLACEMENT PROPERTY, UNIVERSITY CITY, PHILADELPHIA Price: $1,250,000 | T-12 NOI: $85,093 | Cap Rate: 6.8% | $208K/unit | $277/SF – 6 units, 4,512 rentable SF, new construction (2020) – 100% occupied – 10-year real estate tax abatement through 2031 – Unit mix: 2 studios, 2 one-bed/1.5-bath, 2 two-bed/2-bath – In-unit washer/dryer – About... <a href="https://www.post1031.com/property/off-market-1031-replacement-6-unit-university-city-philadelphia-built-2020-6-8-cap-tax-abated-to-2031/">Read More »</a>

4,512 SqFt