Plymouth Manor | 301 E Brown St
Cette fonctionnalité n’est pas disponible pour le moment.
Nous sommes désolés, mais la fonctionnalité à laquelle vous essayez d’accéder n’est pas disponible actuellement. Nous sommes au courant du problème et notre équipe travaille activement pour le résoudre.
Veuillez vérifier de nouveau dans quelques minutes. Veuillez nous excuser pour ce désagrément.
– L’équipe LoopNet
Votre e-mail a été envoyé.
Plymouth Manor 301 E Brown St Immeuble residentiel 25 lots 3 408 000 € (136 320 €/Lot) Taux de capitalisation 8,90 % Norristown, PA 19401
Certaines informations ont été traduites automatiquement.
INFORMATIONS PRINCIPALES SUR L'INVESTISSEMENT
- Value-Add Potential: Opportunity to Increase Rents 15% to 20% with Minor Upgrades to Kitchens and Baths
- Accessibility: Direct Access to King of Prussia, Plymouth Meeting, and Center City Philadelphia via U.S. Route 202, I-476, and U.S. Route 422
- Local Amenities: Montgomery County Courthouse, Einstein Medical Center Montgomery, Elmwood Park Zoo, and Numerous Community Services, Schools, & Parks
- Attractive Unit Mix: Diverse Unit Mix of (28%) One Bedroom and (72%) Two-Bedroom Units
- Access to Public Transit: The Norristown Transportation Center is less than a mile away, offering SEPTA Regional Rail, & Norristown High Speed Line
RÉSUMÉ ANALYTIQUE
Global Real Estate Advisors (GREA) is pleased to present the opportunity to acquire the fee simple interest in Plymouth Manor, a 25-unit, garden-style multifamily community located at 301 E. Brown Street in Norristown, Montgomery County, Pennsylvania. Strategically positioned on a 0.85-acre parcel, this three-story asset comprises 27,234± square feet and features a well-balanced unit mix of (7) one-bedroom and (18) two-bedroom apartments. Originally constructed in 1965 and maintained with modest renovations, the Property offers a clear and immediate value-add opportunity through targeted interior upgrades and operational enhancements, with the potential to drive rental increases of approximately 15% to 20%.
Plymouth Manor is ideally situated in a supply-constrained, high-demand rental submarket that continues to benefit from Norristown’s ongoing revitalization efforts and proximity to employment hubs. The Property’s location is less than two miles from the Norristown Transportation Center, providing tenants with direct access to SEPTA’s regional rail, multiple bus routes, and the Norristown High Speed Line, offering seamless connectivity to Center City Philadelphia, King of Prussia, and other key destinations throughout the Region. Additionally, the asset is just minutes from major thoroughfares, including U.S. Route 202, I-476 (the Blue Route), and U.S. Route 422, which reinforces its appeal to the commuter tenant base.
Tenants at Plymouth Manor enjoy close proximity to a wide array of neighborhood amenities and essential services, including grocery stores such as Save-A-Lot and Giant, outdoor attractions like Elmwood Park Zoo and Norristown Farm Park, and key regional employers such as Einstein Medical Center Montgomery and the Montgomery County Courthouse. The Property’s central location and walkable surroundings contribute to high tenant retention, strong leasing velocity, and long-term occupancy stability.
Operationally, the asset is configured for efficiency, with separately metered electric service and RUBs-based billing for gas and water, minimizing landlord exposure to utility costs. Additional features include 20 off-street parking spaces, pitched asphalt shingle roofing, and modern fire safety systems. Current rents remain below market for comparable products, presenting a compelling opportunity to unlock additional revenue through a light value-add program focused on modernizing unit interiors with updated kitchens, flooring, and bathroom finishes.
With its desirable unit mix, strategic central location, strong connectivity, and clear path to increased net operating income, Plymouth Manor represents a rare opportunity to acquire a stabilized, income-producing multifamily asset with significant upside in one of Montgomery County’s most accessible and emerging rental markets.
Plymouth Manor is ideally situated in a supply-constrained, high-demand rental submarket that continues to benefit from Norristown’s ongoing revitalization efforts and proximity to employment hubs. The Property’s location is less than two miles from the Norristown Transportation Center, providing tenants with direct access to SEPTA’s regional rail, multiple bus routes, and the Norristown High Speed Line, offering seamless connectivity to Center City Philadelphia, King of Prussia, and other key destinations throughout the Region. Additionally, the asset is just minutes from major thoroughfares, including U.S. Route 202, I-476 (the Blue Route), and U.S. Route 422, which reinforces its appeal to the commuter tenant base.
Tenants at Plymouth Manor enjoy close proximity to a wide array of neighborhood amenities and essential services, including grocery stores such as Save-A-Lot and Giant, outdoor attractions like Elmwood Park Zoo and Norristown Farm Park, and key regional employers such as Einstein Medical Center Montgomery and the Montgomery County Courthouse. The Property’s central location and walkable surroundings contribute to high tenant retention, strong leasing velocity, and long-term occupancy stability.
Operationally, the asset is configured for efficiency, with separately metered electric service and RUBs-based billing for gas and water, minimizing landlord exposure to utility costs. Additional features include 20 off-street parking spaces, pitched asphalt shingle roofing, and modern fire safety systems. Current rents remain below market for comparable products, presenting a compelling opportunity to unlock additional revenue through a light value-add program focused on modernizing unit interiors with updated kitchens, flooring, and bathroom finishes.
With its desirable unit mix, strategic central location, strong connectivity, and clear path to increased net operating income, Plymouth Manor represents a rare opportunity to acquire a stabilized, income-producing multifamily asset with significant upside in one of Montgomery County’s most accessible and emerging rental markets.
INFORMATIONS SUR L’IMMEUBLE
| Prix | 3 408 000 € | Style d’appartement | De faible hauteur |
| Prix par lot | 136 320 € | Classe d’immeuble | C |
| Type de vente | Investissement | Surface du lot | 0,34 ha |
| Taux de capitalisation | 8,90 % | Surface de l’immeuble | 2 609 m² |
| Nb de lots | 25 | Nb d’étages | 3 |
| Type de bien | Immeuble residentiel | Année de construction | 1965 |
| Sous-type de bien | Appartement | Ratio de stationnement | 0,08/1 000 m² |
| Zonage | GA, Norristown Boro - Résidentiel | ||
| Prix | 3 408 000 € |
| Prix par lot | 136 320 € |
| Type de vente | Investissement |
| Taux de capitalisation | 8,90 % |
| Nb de lots | 25 |
| Type de bien | Immeuble residentiel |
| Sous-type de bien | Appartement |
| Style d’appartement | De faible hauteur |
| Classe d’immeuble | C |
| Surface du lot | 0,34 ha |
| Surface de l’immeuble | 2 609 m² |
| Nb d’étages | 3 |
| Année de construction | 1965 |
| Ratio de stationnement | 0,08/1 000 m² |
| Zonage | GA, Norristown Boro - Résidentiel |
CARACTÉRISTIQUES
CARACTÉRISTIQUES DU LOT
- Climatisation
- Balcon
- Prêt pour le câble
- Espace d’entreposage
- Cuisine
- Moquette
- Couvre-fenêtres
CARACTÉRISTIQUES DU SITE
- Laverie
1 of 1
TAXES FONCIÈRES
| Numéro de parcelle | 13-00-05020-007 | Évaluation des aménagements | 0 € |
| Évaluation du terrain | 0 € | Évaluation totale | 695 513 € |
TAXES FONCIÈRES
Numéro de parcelle
13-00-05020-007
Évaluation du terrain
0 €
Évaluation des aménagements
0 €
Évaluation totale
695 513 €
(215) 454-2879
x1002
CONTACTS
-
Kenneth Wellar -
Corey Lonberger -
Robert DiPasquale -
Luke DeLuca -
Kiersten Mangin -
Charles Lang
-
GREA
1 de 10
VIDÉOS
VISITE 3D
PHOTOS
STREET VIEW
RUE
CARTE
1 of 1
Présenté par
Plymouth Manor | 301 E Brown St
Vous êtes déjà membre ? Connectez-vous
Hum, une erreur s’est produite lors de l’envoi de votre message. Veuillez réessayer.
Merci ! Votre message a été envoyé.