THE LINDEN | 12 UNITS

The Linden is a 12-unit apartment complex consisting of all two-bedroom units in the borough of Lansdowne, Delaware County, Pennsylvania. The apartment units feature a generously sized living room and bedrooms, modern kitchens with contemporary appliances, and large windows that allow plenty of natural light into the apartment.

Over the past six years, current ownership has made significant capital improvements at the Property including a new roof; new HVAC system; new plumbing throughout the building (water supply and drainage); all new fiberglass decks with new railings; new kitchens and baths; new electric in kitchens and bathrooms; window replacements (select units); and new hot water heaters.

The property is 100% occupied and has historically run at 95% occupancy or better. Properties in the immediate area are at 95% or better providing a strong and stable tenant base year over year. The Lansdowne rental market has remained strong given the demand for workforce housing. In addition, there are extremely high barriers to entry as there is no available land for new apartment properties to be built, adding to the increased demand in the area from renters. Thus, making this an excellent long-term hold for potential buyers.

The Linden is located right in the heart of highly sought-after Delaware County, Pennsylvania, and affords residents access to the shops and restaurants of Downtown Lansdowne and Center City Philadelphia. The Linden is less than a mile from SEPTA’s Lansdowne Station for regional rail and numerous bus routes. Further, the Property is conveniently located near several major roadways including Route 1, Baltimore Pike, Interstate 476 (the Blue Route), and West Chester Pike (Route 3). The transportation options provide tenants with easy access to Philadelphia and its surrounding suburbs and the area’s top employers including Mercy Catholic Medical Center (Trinity Health System), SAP America, Boeing, Harrah’s Casino, Riddle Hospital (Main Line Health), UPS, and Delaware County Memorial Hospital (Crozer Health) among others.

The Linden Apartments provide a perfect blend of historic charm and modern convenience. With well-designed living spaces, thoughtful amenities, and a prime location in the heart of Lansdowne, these apartments are an excellent choice for those looking to enjoy the best of suburban living while staying connected to the vibrant city life of Philadelphia.