Description
This is a fantastic opportunity for QOZ funds to invest in a high potential development project in a rapidly growing area of North Philly. The ability to build a 6 story building with 20 units, including 4 car parking on the first floor, makes this a highly attractive opportunity for investors. Additionally, the location is just one block away from the Broad Street Line, making it easily accessible for tenants. The demand for 1 bedroom units in this area is high, particularly among medical and dental students, ensuring a strong rental market. With development occurring in the surrounding blocks, this property is poised for success. Investing in this Qualified Opportunity Zone Fund could yield significant returns for investors.