1810-1870 N Marston Street, Philadelphia, Pennsylvania 19121


Listing IDPAPH2114846
Price$8,500,000
StatusACTIVE
SqFt 40,000
Acres 0.300
CountyPhiladelphia
Year Built2022
Property TypeCommercial Sale
Property Sub TypeFive Or More Units
The vision behind Marston Walk was conceived when Omega Home Builders purchased a unique assemblage of vacant lots in one of the fasted developing neighborhoods in the City of Philadelphia. On behalf of ownership, now be offered are 22 new construction luxury single-family residences, all situated on the 1800 block of North Marston St in the Brewerytown/Strawberry Mansion sections of Philadelphia. This turn-key opportunity offers a potential buyer the ability to own 22 SFH (single-family home) residences in a neighborhood where both rent, and equity appreciation outpace comparable sub-markets. With over 40,000 square feet in total, each of the 22 SFH residences comes in at approximately 1,800 square feet and boasts 3 bedrooms, 3 full bathrooms, a finished basement, backyard patio, roof deck, as well as all being laden in luxurious designer finishes by Romi Designs Studio. Each residence comes with a 10-year tax abatement, builder’s warranty and one of the most attractive value propositions of all, the ability for the seller to manage the property portfolio at an attractive rate. Both Brewerytown and Strawberry Mansion are poised for significant upside, mainly due to its proximity to the largest master planned development in the history of Philadelphia. Schuylkill Yards and the 30th Street District are in tandem $3.5 billion and $6.5 billion projects being developed by Brandywine Realty Trust (NYSE - $BDN) in partnership with Drexel University, Amtrak, SEPTA, Pennsylvania Department of Transportation. With Philadelphia positioned a hub for both “eds and meds,” Marston Walk is also conveniently located close to major educational and healthcare institutions such as Temple University, Drexel University, The University of Pennsylvania & The Wharton School of Business. We foresee the potential for asymmetric equity appreciation presenting itself with Marston Walk. Marston Walk is available for purchase as a whole or by phases of the project. The final phase is to be built, expected completion is in Q1 2023. Offering Memorandum is available for qualified investors.
© 2022 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing courtesy of RE/MAX Elite. Data last updated on Wednesday, July 6th, 2022 01:29:47 AM.

Contact - Listing ID PAPH2114846

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Brett Furman

528 East Lancaster Avenue
St. Davids, PA 19087
Phone: 610-687-6060
Phone Alt: 610-687-6060

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