
Description
Opportunity to acquire a significant share with majority control of deeded parking spaces within a condo parking garage in Old City, Philadelphia. With ownership of approximately 195 out of the total 281 spaces, a majority owner could have the authority to manage the garage's operations, establishing an income stream of both monthly and transient/daily customers and, if preferred, hiring a third-party management company. This kind of ownership could be highly valuable, especially in a historic neighborhood with limited parking availability.Bulk Price for 195 spaces = approx $4,3M
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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135SQFT
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$185$/SQFT
Description
Opportunity to acquire a significant share with majority control of deeded parking spaces within a condo parking garage in Old City, Philadelphia. With ownership of approximately 195 out of the total 281 spaces, a majority owner could have the authority to manage the garage's operations, establishing an income stream of both monthly and transient/daily customers and, if preferred, hiring a third-party management company. This kind of ownership could be highly valuable, especially in a historic neighborhood with limited parking availability.Bulk Price for 195 spaces = approx $4,3M
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