The Kenmar Building. The Asset is a value-add opportunity comprised of 20 one-bedroom apartment units and one commercial space at 1001 Pine Street in Center City Philadelphia. The Kenmar Building presents new ownership with the opportunity to own an elevator-serviced, value-add asset on a prominent corner in the affluent Washington Square West neighborhood of Philadelphia. The Property has been partially renovated to include stainless steel appliances, upgraded cabinetry, stone countertops, and upgraded bathrooms in select units. Continue that renovation program in the common areas and remaining units while pushing rents to market. The Property is truly the middle of it all, servicing a growing tenant base of Ed’s and Med’s looking for a location surrounded by restaurants, coffee shops, and nightlife. Kenmar Building residents are within walking distance to Midtown Village, Jefferson University Hospital, Washington Square Park, and the new $300M+ Delaware River Waterfront Park in Old City. The Kenmar Building is located minutes from major highway routes such as Interstates 76, 676, and 95, presenting unparalleled access throughout the Philadelphia MSA. Furthermore, tenants are a short walk from Center City Philadelphia, home to major employers including Comcast, Pennsylvania Hospital, and Jefferson University Health. The Asset provides new ownership with the prospect of acquiring a quality property with immediate upside that both has and will continue to perform well into the future.