3011, 3013, 3014, 3019 W Stiles Street and 3007, 3009 and 3013 W. Cabot Street Philadelphia PA
MMB Stiles-Cabot, LLC, a JV partnership between MMPartners and BMK Builders, acquired seven vacant, single-family properties from the Philadelphia Redevelopment Authority. A full renovation of the properties will result in six market rate homes and one Affordable Housing option for a qualified buyer earning less than 80% of the Philadelphia MSA median income. The properties will be sold individually or held as rental properties. Each home will enjoy the benefit of the ten-year real estate tax abatement. Seven (7) homes, project completion date Winter/Spring 2014.