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251 W Dekalb Pike
King Of Prussia, PA 19406

251 Dekalb · Multifamily Property For Sale · 628 Units

Investment Highlights

  • Philadelphia’s premier suburban high-rise
  • Tremendous unit type variety and high-end European finishes
  • Light kitchen upgrades could yield additional rental premiums
  • Unique site on 26 sprawling acres
  • Current rents are 25% below the Competitive Set
  • Heavy lifting is complete: transition from redevelopment to improving operational efficiencies

PROPERTY FACTS

No. Units 628
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid Rise
Building Class A
Lot Size 26.72 AC
Building Size 804,184 SF
Average Occupancy 93%
No. Stories 9
Year Built/Renovated 1970/2015
Parking Ratio 4/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Dishwasher
  • Disposal
  • Microwave
  • Washer/Dryer
  • Tile Floors
  • Double Vanities
  • Eat-in Kitchen
  • Kitchen
  • Hardwood Floors
  • High Speed Internet Access
  • Range
  • Tub/Shower
  • Views
  • Walk-In Closets
  • Carpet
  • Den
  • Dining Room
  • Garden
  • Island Kitchen
  • Window Coverings

Site Amenities

  • Business Center
  • Controlled Access
  • Concierge
  • Courtyard
  • Fitness Center
  • Laundry Facilities
  • Playground
  • Pool
  • Property Manager on Site
  • Spa
  • Tenant Controlled HVAC
  • Gated
  • Breakfast/Coffee Concierge
  • Cabana
  • Gameroom
  • Grill
  • Gas Range
  • On-Site Retail
  • Package Service
  • Pet Play Area
  • Trash Pickup - Door to Door
  • Walking/Biking Trails
  • Roof Terrace
  • Elevator
  • Maintenance on site
  • Multi Use Room
  • Sundeck
  • Study Lounge

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 121 - -
1+1 112 - -
1+2 5 - -
2+1 5 - -
2+2 6 - -
2+2 184 - -
3+2 190 - -
3+2 1 - -
3+3 2 - -
4+2 2 - -

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
58-00-06321-002
Land Assessment
$0
Improvements Assessment
$0
Total Assessment
$26,770,000

zoning

Zoning Code HR
HR
  • Listing ID: 22320265

  • Date on Market: 2/24/2021

  • Last Updated:

  • Address: 251 W Dekalb Pike, King Of Prussia, PA 19406

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