Nylon Lofts - Pre-Co QOZ multifamily investment opportunity
Nylon Lofts is a 12 unit new construction/adaptive reuse multifamily investment property in one of Philadelphia's most desirable neighborhoods - Fishtown. Located on the historic cobbles of Trenton Avenue, the prime central location is walkable to some of the city's best restaurants, bars and cafes. The 15,000 SF apartment building is right off of Frankford Avenue and features spacious 1 and 2bd apartments (and 1 owner's suite) with urban charm and historic feel. Exposed brick, beam and ducts. Oversized windows and ceilings as high as 18 feet. Nothing like this is available in Fishtown, the hottest investment submarket in Philly. The Property is a Qualified Opportunity Zone pre-CO asset - the new Investor can maximize QOZ tax benefits by becoming the first owner of The Building before it is officially put into "service" aka before occupancy in early 2021. Enquire within for pro forma financials, offering memorandum + MAKE YOUR MOVE!
