Property profile

1971 Morris Rd Blue Bell, PA 19422

OFF-MARKET
Garden apartment buildings
Property ID
US73-6009153
148,455 SF 17.55 ac lot Built 2006
Entity Owned 15-yr Hold ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Garden apartment buildings
Use group GARDEN APT, COURT APT (5+ UNITS)
Year built 2006
Total area 148,455 SF
Lot 17.55 ac (764,478 SF)
Zoning code I
APN 66-00-04087-00-5
UPID US73-6009153

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

1971 Morris Rd Blue Bell, PA 19422-1422
Blue Bell metro Census 203204 PHILADELPHIA-CAMDEN-WILMINGTON, PA-NJ-DE-MD METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$28.44M
Blend (final) Blend
$20.36M

Owner & transaction history

since 2011
7 recorded transactions
2018
Price N/A
2011
Price N/A
2011
$3.6M
2007
Price N/A
2005
Price N/A
2004
$4.5M
2001
$2.0M

Zoning & alternative use

I · Blue Bell, PA
Top alternative use upside
Office building $24.3M +17.7%
Medical building $23.4M +13.4%
Restaurant $20.8M +1.0%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1971 Morris Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message