{"id":1384,"date":"2022-05-21T21:11:46","date_gmt":"2022-05-21T21:11:46","guid":{"rendered":"https:\/\/blog.ark7.com\/?p=1384"},"modified":"2023-05-19T03:59:47","modified_gmt":"2023-05-19T03:59:47","slug":"latest-property-philadelphia","status":"publish","type":"post","link":"https:\/\/ark7.com\/blog\/articles\/latest-property-philadelphia\/","title":{"rendered":"Latest Property in Philadelphia"},"content":{"rendered":"
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Latest Property in Philadelphia<\/h1>\n

Available on Ark7 as of today: a new student housing investment property with extraordinarily stable returns. This is a rare opportunity to own a one-of-a-kind property in North Philadelphia. This 3-story, 5-bedroom, 2.5-bathroom townhouse was once the residence of Cecil B. Moore, noted civil rights activist to whom the mural on the west-facing facade is dedicated. The property is currently rented to five students for $2600\/month. The property is in a prime location for Temple University student housing<\/strong>; it is walking distance to the university, as well as local shops, restaurants, grocery stores, a movie theater, and YMCA.\u00a0<\/span><\/p>\n

Its interior boasts high ceilings, hardwood floors, and abundant natural light across three floors with separate living rooms. This property also has an eat-in kitchen, spacious bedrooms, and in-unit washer and dryer. There are two assigned parking spaces and a full-sized basement for extra storage. In the rear is a private backyard with a patio and seating area.<\/span><\/p>\n

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Philadelphia T2 Returns<\/h2>\n

Estimated Monthly Distribution: 3.61%\u00a0<\/b><\/p>\n

Historical Appreciation*: 28.6%<\/b><\/p>\n

*The historical appreciation is based on sales of nearby properties in the past 10 years. More details about the financial projections, local points of interest, and property structure are available at ark7.com<\/a>.<\/p>\n

Why is student housing a good investment?<\/b><\/h2>\n

There aren\u2019t too many \u201cproducts\u201d on the market with such a well-built, already-there target market as student housing. Some of the advantages of student property investment include:<\/span><\/p>\n

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  • Very little marketing.<\/b> A college town is typically a vibrant community with chic galleries, dining establishments, shops, and eclectic nightlife. These towns tend to score high in walkability. Student housing in a college town practically sells itself, so you won\u2019t need a huge marketing budget.<\/span><\/li>\n
  • Always potential tenants.<\/b> New graduates head off to school each year and need a place to call home. In addition to students, new college faculty members also need housing. You\u2019ll virtually never run out of applicants for your student housing properties.<\/span><\/li>\n
  • High cash flow potential.<\/b> Student housing is always in high demand, so you can charge the going rate for rent in the area. Plus, properties you own that aren\u2019t occupied won\u2019t stay that way for long\u2014student housing enjoys high occupancy rates, especially if it\u2019s within a mile or two of campus.<\/span><\/li>\n
  • Low vacancies.<\/b> Your student rental properties will get snapped up soon after you place them on the market and, once rented, tend to stay rented. Even over the summer, many students choose to stay, whether for summer sessions, work responsibilities, or other reasons.<\/span><\/li>\n<\/ul>\n

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    How to Order Shares<\/h2>\n

    Down payment, mortgage, and ongoing property management? None of the above. Fractional real estate means that you can own a piece of this landmark home for just $55\/share<\/strong>. There is a total of 10,000 shares and they<\/span>\u00a0are <\/span>now available to order on a first-come, first-served basis. This property is an excellent investment due to its stable returns. Don\u2019t miss this opportunity to hedge inflation with this zero-hassle Philadelphia rental property! Simply log in to your account or create one on Ark7<\/a> to buy your fractional real estate shares.\u00a0<\/span><\/p>\n<\/div>\n<\/div>\n

    Learn more about the location and details of Philadelphia T2 in our recent webinar:<\/p>\n