Global Real Estate Advisors (GREA) extends to qualified investors the unique opportunity to acquire the fee simple interest in Pennbrook Apartments (the “Property” or “Asset”) located at 2120-34 North 63rd Street. The Property comprises 74 apartment units in the Overbrook Park neighborhood of Philadelphia. The Asset presents new ownership with a significant value-add opportunity to increase rents by upgrading operations and marking rent to market through natural turnover. The Property lags the competitive set while providing capital with supportable upside potential that is already proven out in the rent roll. Pennbrook Apartments is walking distance to Saint Joseph’s University, a thriving private institution that expanded by merging with the University of the Sciences in Philadelphia. That alone has grown the student body, making the need for housing paramount. SJU’s students, both graduate and undergraduate, already call Pennbrook home. These students mix well with the “student-friendly” market-rate leasing strategy employed by ownership. The Asset is a short distance from Lankenau Medical Center. A premier hospital in the Main Line Health network. Lankenau employs over 2,000 people across a variety of positions. Pennbrook Apartments could easily draw on the large Main Line Health employment base as part of its market-rate leasing strategy. Pennbrook Apartments is located minutes from major transportation routes such as I-95, I-76, and I-676, presenting unparalleled access throughout the Philadelphia MSA. Future tenants are also directly across the street from SEPTA’s Overbrook Station (Paoli-Thorndale Regional Rail Line), carrying commuters into Center City, 30th Street Station, and the entire Philadelphia Main Line.